Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

What was the primary motive of the colonial government behind the policy of de-industrializing India?

Options:

To encourage the growth of indigenous industries

To establish a sound industrial base in India

To reduce India to a mere exporter of raw materials

To promote the import of manufactured goods from India

Correct Answer:

To reduce India to a mere exporter of raw materials

Explanation:

Under colonial rule, India faced challenges in developing a strong industrial foundation, similar to its struggles in the agricultural sector. While the country's renowned handicraft industries experienced decline, no corresponding modern industrial base was allowed to emerge to replace them. The colonial government pursued a two-fold motive in systematically de-industrializing India. Firstly, it aimed to reduce India to a mere exporter of raw materials for the growing modern industries in Britain. Secondly, it sought to transform India into a vast market for the finished products of those industries, ensuring maximum benefit for Britain.