Indian Economy 1950-1990
India's economic journey from independence to liberalisation — planning, agriculture, industry, and trade.
Topics(7)
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Central Problems & Economic Systems
The three central problems of an economy and types of economic systems.
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2Economic Planning
Definition, P.C. Mahalanobis, Planning Commission, and NITI Aayog.
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3Goals of Five Year Plans
Growth, Modernisation, Self-reliance, and Equity.
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4Agriculture — Land Reforms & Green Revolution
Land reforms, Green Revolution, achievements, risks, and subsidy debate.
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5Industrial Development
Public sector, IPR 1956, licensing, and small-scale industries.
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6Foreign Trade
Import substitution strategy, tariffs, and quotas.
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7Critical Appraisal of Industrial Development (1950-1990)
Achievements and drawbacks of India's industrial sector.
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