What were the major objectives of new nation?
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Lifting India and Indians out of poverty, and building a modern technical and industrial base were among the major objectives of the new nation. In 1950, the government set up a Planning Commission to help design and execute suitable policies for economic development.
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Major objectives of new nation:
- One of the key goals of the new Indian nation was to remove India and its citizens from misery and to develop a strong technological and industrial base.
- In 1950, the Government formed a Planning Commission to assist with the creation and execution of effective economic growth policies.
- In spite of the supply of workers, the main restriction the economy confronted was a severe lack of physical resources.
- The market was too poor to produce any big productivity and the agricultural business still had a massive surplus of unemployed or underemployed citizens.
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