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Question
Explain the following statement with reason.
The quality of life and standard of living of Indian citizens is increasing.
Answer in Brief
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Solution
- Industrial development was given priority after independence of India. For that Industrial Finance Corporation of India' and Industrial Development Corporation' was established.
- Various industries and businesses got a boost and their progressive development started. Modern method of farming It started. Due to this, many employment opportunities are available to people from all walks of life and contribute to the progress of the country. This process is still ongoing.
- Thus, the development of industries in India improves the quality of life and standard of living of the people.
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