Question

development of india last 70 years​

Answer 1

Answer:

The economic development in India followed socialist-inspired politicians for most of its independent history, including state-ownership of many sectors; India's per capita income increased at only around 1% annualised rate in the three decades after its independence.

Explanation:

An independent India was bequeathed a shattered economy, widespread illiteracy and shocking poverty. Contemporary economists divide the history of India's economic growth into two phases – first 45 years after independence and almost three decades of free market economy.

Answer 2

The country was hopelessly poor as a result of steady deindustrialization by Britain. Less than a sixth of Indians were literate. ... Cambridge historian Angus Maddison's work shows that India's share of world income shrank from 22.6% in 1700—almost equal to Europe's share of 23.3%—to 3.8% in 1952.