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Asked by Shubham Last Modified
Answer 
In a nutshell, the social and economic challenges before the country were enormous.
The agricultural sector was already
saddled with surplus labour andextremely low productivity
The industrial sector was crying for modernisation diversification capacity building and increased public investment
Foreign trade was oriented to feed the Industrial Revolution in Britain.
Infrastructure facilities, including the famed railway network,needed up gradation expansion and public orientation
Prevalence of rampant poverty and unemployment required welfare orientation of public economic policy
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