The Indian economy was independent before the advent of the colonial rule. Even though agriculture was the main source of livelihood for majority of people, the country’s economy was characterised by various kinds of manufacturing activities. India was particularly well known for its handicraft industries. Under colonial rule, the country’s world famous handicraft industries declined. Although modern industry began to take root in India during the second half of the nineteenth century, but its progress remained really slow. There was hardly any capital goods industry to help promote industrialisation in our country. The colonial regime did make certain contributions and developments in the country in the areas like infrastructure. But the real motive behind these developments was to serve various colonial interests.

What was the main source of livelihood before and after the advent of colonial rule in India?

Agriculture sector Industrial sector Services sector Both 1 and 2

Agriculture sector

The main source of livelihood before and after the advent of colonial rule in India was agriculture sector.