Question

What measures of Indira Gandhi are called 'left turn'? How do you think this was different from polices of previous decades? Based on your economics chapters describe how it is different from the current policies.

Answer 1

Answer:

Since there was a great amount of problems that was being faced by the Indian economy for instance when the Indian economy was actually recovering from the drought and the wars it had faced previously, the food conditions were rather uncertain.

Indira Gandhi devalued the Indian currency by 35% after receiving some nudging from the IMF and the US government but this move in particular had a backlash. She responded to the moment of crisis by lurching to the left.

Explanation:

Answer 2

Explanation:

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