Question

what was the strategy of economic development in India after independence? explain ​

Answer 1

The economic development in India followed socialist-inspired politicians for most of its independent history,including state ownership of many sectors; India's par capita income increased at only around 1% annualised rate in the three decades after its independence.

Answer 2

Answer:

India has also made significant strides in terms of industrial development since Independence. ... The policy dismantled the system of industrial licensing and opened the sector for greater private sector participation as well as foreign investment.