History, asked by s8b1568mohit7173, 6 months ago

8 Heks was the economis development of
Indian visualised in the early dedecades
after independence?​

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Answered by rishavraj94
0

Answer:

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Answered by Answers15
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Objectives: Lifting India and Indians out of poverty, and building a modern technical and industrial base were among the major objectives of the new nation.
Planning Commission and Five Year Plans: A Planning Commission was set up to help design and execute suitable policies for economic development.
Mixed-economy: A mixed-economy model was agreed upon. In this economic model, both the State and the private sector would play important and complementary roles in increasing production and generating jobs.
Focus on heavy industries and dams: In 1956, the Second Five Year Plan was formulated. This focussed strongly on the development of heavy industries such as steel, and on the building of large dams.
The focus on heavy industry, and the effort at state regulation of the economy (which was to guide the economic policy for the next few decades) had many critics. This approach was criticised because:

It put inadequate emphasis on agriculture
It neglected primary education (iii) It did not take into account the environmental implications of concentrating on science and machinery.

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