India avoided the resource curse by focusing on education, technology, service sectors and democratic governance. Instead of over-depending on resource exports, India diversified its economy and built strong institutions.
Class 8 Social Science Exploring Society: India and Beyond Part 1 Solution
Class 8 Social Science Textbook Chapter 1 Natural Resources and Their Use Question Answer
India has large coal and mineral reserves but hasn’t relied solely on them. Its economic growth is driven by services, IT, manufacturing and agriculture. Education, skilled labor and democratic policies help maintain balance. India also promotes renewable energy and sustainable use of resources. By not letting resource wealth dominate its policies, India has successfully avoided the resource curse so far.
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