Question

How was the economic development of India visualised in the early decades after Independence?​

Answer 1

Answer:

The economic development of India would be focused on lifting India and Indians out of poverty and building a modern technical and industrial base. In 1950, the government set up a Planning Commission to help design and execute suitable policies for economic development. There was a broad agreement on what was called a “mixed economy” model. Here, both the State and the private sector would play important and complementary roles in increasing.

Explanation:

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Answer 2

The economic development of India would be focused on lifting India and Indians out of poverty and building a modern technical and industrial base. There was a broad agreement on what was called a “mixed economy” model.