Question

Discuss in detail the important features of the Indian economy in the post -independence period.

Answer 1

Answer:

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Answer 2

Answer:

Indian economy is basically depends on primary and secondary sector. After liberalization, our country moves towards the tertiary sector.

Explanation:

The motto of "India’s development strategy" has been to establish a "socialistic pattern" of society through "economic growth" with "self-reliance" in food, "social justice" and "alleviation of poverty". India’s post-independence policy towards protectionism with established large public sector companies. Nehru's ideology and central planning concentrates initially on agriculture sector followed by secondary sector. During independence period or per capita income is much lower than many countries in the world. Green revolution takes place in 1965 it makes "self reliance" in food and boosts our food products exports. After Liberalization period, our country jumps large leap in economy and it makes more benefited and at the same time more people are deprived.