Shortage of electricity
Labour unrest
Lack of capital
All of the above
Answer is Wrong!
Answer is Right!
The correct answer is D. All of the above.
India’s industrial development has slowed down in recent years due to a number of factors, including:
- Shortage of electricity: India is facing a severe shortage of electricity, which has hampered industrial production. The country’s power plants are operating at below capacity, and there are frequent power outages. This has led to production losses and higher costs for businesses.
- Labour unrest: India has been experiencing a wave of labour unrest in recent years. This has led to strikes and lockouts, which have disrupted production and caused losses for businesses.
- Lack of capital: India’s capital markets are underdeveloped, and businesses have difficulty raising capital. This has made it difficult for businesses to invest in new projects and expand their operations.
These factors have contributed to the slowdown in India’s industrial development. The government has taken some steps to address these issues, but more needs to be done to improve the investment climate and boost industrial growth.
Here is a brief explanation of each option:
- Shortage of electricity: India is facing a severe shortage of electricity. The country’s power plants are operating at below capacity, and there are frequent power outages. This has led to production losses and higher costs for businesses.
- Labour unrest: India has been experiencing a wave of labour unrest in recent years. This has led to strikes and lockouts, which have disrupted production and caused losses for businesses.
- Lack of capital: India’s capital markets are underdeveloped, and businesses have difficulty raising capital. This has made it difficult for businesses to invest in new projects and expand their operations.