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“Indian Policy Makers Made a Mistake by Emphasising the Role of State in the Economy. India Could Have Developed Much Better If Private Sector Was Allowed a Free Play Right from the Beginning”. - Political Science

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प्रश्न

“Indian policy makers made a mistake by emphasising the role of state in the economy. India could have developed much better if private sector was allowed a free play right from the beginning”. Give arguments for or against this proposition.

संक्षेप में उत्तर
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उत्तर

No, the above statement is not perfectly true because state’s intervention was mandatory to regulate country’s economy
after independence immediately. Indian did not follow either capitalist model of development or socialist model completely. Instead she adopted the model of‘mixed economy’ to be criticised from the right and the left:

(i) Private sector lacked enough space and stimulus to grow.

(ii) Licensing and permits for investment in private sector created hurdles for private capital accumulation.

(iii) The state control beyond the limits led to inefficiency and corruption.

State control was emphasised :-

1. State helped the private sector to make profits by intervening only in those areas where the private sector was not prepared to go.

2. Instead of helping the poor, the states intervention ended up creating a new class that enjoyed the privileges of higher salaries without much account-ability.

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Introduction of Politics of Planned Development
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Politics of Planned Development - Exercise [पृष्ठ ६३]

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एनसीईआरटी Political Science - Politics in India Since Independence [English] Class 12
अध्याय 3 Politics of Planned Development
Exercise | Q 9 | पृष्ठ ६३

संबंधित प्रश्न

Which of the following ideas did not form part of the early phase of India’s development policy ?


Match the following :

(a) Charan Singh (i) Industrialization
(b) PC Mahalanobis (ii) Zoning
(c) Bihar Famine (iii) farmers
(d) Verghese Kurien (iv) Milk Cooperatives

What were the major differences in the approach towards development at the time of Independence? Has the debate been resolved?


In India, planning was conceived as the main instrument of ______.


The Chairman of the National Development Council is ______.


Number of part-time members in NITI Aayog is ______.


Who amongst the following is the longest serving member of Tripura State Planning Board?


Which state was carved out of Assam from the following?


NITI Aayog serves as a think-tank to promote ______ federation where government acts as a ______ with the help of technology. Select the correct option.


During the Nehru era, why did some political parties and groups in our country believe that India should be more friendly with the bloc led by the US?


Study the picture given below and answer the question that follows:

Choose the first state to be created due to linguistic demands after independence:


Observe the figure below and answer accordingly.

Which type of economic model was adopted by India?


The Planning Commission was established in the year


Which of the following ideas did not form part of the early phase of India's development policy? 


Planning Commission was scrapped on


Following are a few points given on the approach towards development at the time of Independence. Which of them is correct?

  1. The common perception of Development was becoming modernized which involved the breakdown of traditional social structure
  2. After independence India had two models of development one was Europe's and US's liberal capital model and the other USSR's socialist model.
  3. Many including the Communist Party of India and leaders like Nehru. were impressed by the Soviet model and very few favored the American models.

Which of the following option is correct?  


Which of the following option is true in the context of the "Kerala Model"?   


What is Plan Holiday?  


Who was the first vice chairperson of NITI Aayog?


Which of the following facts is/are incorrect about National Development Council?


Which factor was responsible for discouraging research and development in the manufacturing sector?


The idea of planning in India was drawn from

  1. The Bombay Plan
  2. Experiences of the Soviet Bloc countries
  3. Gandhian vision of Society
  4. Demand by Peasant organizations

Planning Commission was set up by ______.


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