History, asked by amitsainiamit9774, 7 months ago

India's transformation post independence

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Answered by lalithapabbathi1977
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As India turns 70 today, politician and acclaimed author Shashi Tharoor writes about its past and its present

As Independent India turns 70, it is time to look back and to look forward at where the country found itself at that moment of freedom, and its unlikely journey so far.

British colonial rule ended at the moment of what India’s first prime minister, Jawaharlal Nehru, hailed as its “tryst with destiny”. What had once been one of the richest and most industrialised economies of the world, which together with China accounted for almost 75 per cent of world industrial output in 1750, had been reduced by the depredations of imperial rule to one of the poorest, most backward, illiterate and diseased societies on Earth by the time of independence in 1947.

From 1900 to 1947 the rate of growth of the Indian economy was near zero. Freedom from Britain turned these numbers around for India. Net per capita income growth, which was nil between 1900 and 1950, rose to 1.3 per cent from 1950 to 1980, to 3.5 per cent from 1981 to 1990 and 4.4 per cent from 1991 to 2000, before attaining even higher levels in the following decade, twice crossing 9 per cent and averaging 7.8 per cent from 2001 until 2010

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