Discuss briefly any two similar development strategies followed by India and Pakistan.

Question

Accepted Answer

Similar development strategies followed by India and Pakistan:

1. Mixed Economy:
- Both adopted mixed economy model
- Co-existence of public and private sectors
- State intervention in key sectors

2. Import Substitution:
- Both protected domestic industries
- Tariff barriers on imports
- Direct import controls

3. Five-Year Plans:
- Both adopted planned development
- State-led investment
- Focus on industrialization

4. Green Revolution:
- Both implemented agricultural modernization
- Introduction of HYV seeds
- Increased public investment in agriculture