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Preeti Dabral 3 years, 1 month ago
| Co-operative Farming | Collective Farming |
| 1. Cooperative farming takes place when farmers pool their resources voluntarily for efficient and profitable farming. | 1. Collective farming takes place when there is collective labour and there is social ownership of means of production. |
| 2. In co-operative farming, farmers have individual ownership of the resources. | 2. In collective farming, farmers pool all their resources though they are allowed to keep a very small plot of land for their own use. |
| 3. Co-operative societies help farmers in buying farm inputs on favorable terms. | 3. In collective farming, all farm inputs are provided by the government. |
| 4. Co-operative societies also help the farmers in selling farm products profitably. | 4. Collective farming, farm products are sold to the state at a fixed price. |
| 5. Co-operative farming has been successful in many European countries and that is why it is practised in many other countries of the world. | 5. Collective farming was introduced in the former Soviet Union but after its disintegration, the system of farming has been modified. |
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Preeti Dabral 3 years, 1 month ago
The industrial development pattern on the eve of Independence was characterised by the following elements:
- The industrial growth was lopsided, in the sense that consumer goods industry was not adequately supported by the capital goods industry.
- No priority was given for the development of basic and heavy industries. Tata Iron and Steel Corporation (TISCO) established in 1907, was the only basic industry in India.
- The public sector enterprises such as railways, power, post and telegraph were confined to areas which would enlarge the size of market for British products in India.
- The pattern of development in the industrial sector was lopsided and was dominated by the presence of small industries (31%) and large industries (43%), but very few medium industries.
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