Question

What should India increase in order to become one of the most prosperous countries of the world?
A. Food Production
B. Industrial Production
C. Population
D. Trade

Answer 1

Hint: India has a growing population and it is also leading to ever increasing unemployment. India needs something which will make India self sufficient and independent for all its needs.

Complete Answer:The problem of growing population and increasing unemployment can be solved by rapid industrialization. Even though India is an agricultural country and it is a fact that more than 50 percent of our population is engaged in agricultural activities, however increasing industrial production is the way to make India one of the most prosperous nations in the world.

The eight core industries of India are - coal, natural gas, crude oil, refinery products (petrol and diesel), fertiliser, steel, cement and electricity. Among these eight core industries refinery products have the largest weight whereas cemen has the lowest weight.

The annual growth rate for the industrial production in India stands at 3.8 percent for the year 2019. However in 2018 it stood at 4.4 percent. Due to COVID 19 the industrial output has shrinked for the year 2020.

Therefore the answer is option B.

Note: It should be realised that for India to become one of the greatest nations in the world then the industrial production must improve. India will have to transform itself from an agricultural based economy to an industry based economy. Government should come out with such policies that help in industrial production.