Question

In the early half of India after independence there was importance given to planned development. In the later part emphasis was given to liberalisation. Discuss and find out how does it reflect political ideals?

Answer 1

Explanation:

in the early part of the history of India, the people did not about the trade and economical importance that India held.

In the latter part of Indian history, the British understood the trade importance and exploited it and did not care much about planned development..

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Answer 2

Explanation:

1) liberalisation means relaxation of previous government restrictions usually in areas of social and economic policy .

2) India adopted liberalisation policy in 1990 to overcome economic crisis existing in country then .

3) these liberalization measures have shown massive impact on all spheres of society Mainly

political and economic .

4) the important reasons of liberalisation like increase in output of service sector growth in GDP effective growth of private sector has open new doors to creative government policies which started focussing on service enabled sectors .

5) the liberalization reflects the ideals of political parties. the political parties started emphasizing providing tax incentives to private sector for faster growth of economic abolition of import licensing and export duties introducing trade and investment policy reforms etc.