What do you understand by the term ‘de-industrialisation’? What was its impact on the Indian Economy?
( AST/TMA/2022-23 ) Answer: De-industrialization is a significant economic phenomenon characterized by a decline in the relative importance and contribution of the industrial sector within an economy. It entails a shift away from manufacturing and industry-driven activities towards a greater emphasis on the services and primary sectors. This transformation is often accompanied by a decrease […]