SSC MTS EXAM

Detailed explanation-1: -Answer: At the time of independence, India was an exporter of primary products; like raw silk, cotton, wool, sugar, indigo, etc. Additionally, India was a net importer of finished goods from Britain.

Detailed explanation-2: -Agriculture was the main sector of Indian economy. At the time of independence, about 85 percent of population was dependent on agriculture for their livelihood. But the contribution of agriculture to national income was about 50 percent.

Detailed explanation-3: -Thus, at the time of independence in 1947, India was a poor and underdeveloped country. At that time, agriculture was in a poor condition and mineral resources were not fully used. There were only a few industries and many of the cottage and small-scale industries had declined under the British rule.

Detailed explanation-4: -The agricultural sector continues to be an important sector in the Indian economy and generates livelihood for more than half the population.