GS PrelimsHistory (Modern India)Economic policies of British Empire1999

There was no independent development of industries in India during British rule because of the

A

absence of heavy industries

B

scarcity of foreign capital

C

scarcity of natural resources

D

preference of the rich to invest in land

Correct Answer: Option A

Explanation

1. The question asks for the primary reason for the lack of independent industrial development in India during British rule. 2. (A) Absence of heavy industries: British policies systematically discouraged the growth of indigenous heavy industries (like capital goods, machine tools, steel) that form the backbone of independent industrialization. They prioritized extracting raw materials from India and using India as a market for British manufactured goods (deindustrialization). This lack of focus on and active discouragement of heavy industry is a key reason. 3. (B) Scarcity of foreign capital: While Indian capital was constrained, foreign (British) capital did flow into India, but it was channeled into sectors that served British interests (railways, plantations, trade) rather than fostering broad-based Indian industrial development. 4. (C) Scarcity of natural resources: India was rich in natural resources (iron ore, coal, etc.), which were, in fact, exploited by the British. 5. (D) Preference of the rich to invest in land: While investment in land was common, it was partly a consequence of limited profitable opportunities in industry due to British policies, rather than the primary cause of the lack of industrial development itself. 6. Therefore, the deliberate policy leading to the absence of heavy industries was a fundamental reason for the lack of independent industrial development.

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