Industry and Trade
Maharashtra Board · Class 9 · History and Political Science
Quick revision notes for Industry and Trade — Maharashtra Board Class 9 History and Political Science. Key concepts, formulas, and definitions for last-minute revision.
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Key Topics to Revise
Post-Independence Industrial Development
- Industrial Finance Corporation of India established in 1948 to provide long-term loans to industrial projects
- Industrial Development Corporation established in 1954 for greater industrial sector development
- These institutions were crucial for building India's industrial base after independence
Major Industries in India
- Textile Industry: Forms 14% of total industrial production, includes powerloom and handloom industries
- Silk Industry: Functions under Ministry of Textiles, research at Seribiotic Research Laboratory, Bengaluru
- Jute Industry: India is top ranking country in jute production and major exporter
Khadi and Village Industries
- Khadi and Village Industries Commission established to promote rural industrialization
- Main objectives: develop traditional industries, handicrafts, cottage industries
- Encourages industries using local material and human resources
Agriculture and Related Industries
- Agriculture is the major occupation in India with 70% of society dependent on it
- Uses both traditional methods (bullocks) and modern methods (machines)
- Women's participation equals that of men in agriculture
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