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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”.

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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

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


The Socialist model of development was related to ______.


Tribals of Odisha fear their displacement due to the extraction of which mineral?


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


The Chairman of the National Development Council is ______.


Who among the following was the first chairman of Tripura State Planning Board?


Local Self Government intends to improve ______.


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


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


The form of Participation where the primary stakeholders participate in the discussion and analysis of pre-determined objectives is called ______.


Which state was carved out of Assam from the following?


The leader and the country that helped to reach the Tashkent agreement between India and Pakistan.


______ Policy has been adopted by NITI Aayog.


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


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.

Who in the picture is balancing between the public and private sectors?


Read the following paragraph and answer according.

NITI Aayog or National Institution for Transforming India Aayog is basically a policy think tank of Government of India and State Governments that replaces the 65-year old Planning Commission. 

The Union Government of India had announced formation of NITI Aayog on 1st January, 2015. The body is composed of a CEO and a Vice Chairperson, to be appointed by the Prime Minister, in addition to some full-time members and two part-time members, while four Union Ministers would serve as ex-officio members. 

Besides, there would be specific regional councils, while experts and specialists from various fields would be called as special invitees nominated by the Prime Ministers. 

NITI Aayog will serve as a “think tank” of the government as a “directional and policy dynamo” and would provide both to the governments at the centre and in the states with strategic and technical advice on key policy matters including economic issues of national and international importance. 

NITI Aayog will have regional councils to focus on developmental activities on specific areas and is patterned on the National Reforms Development Commission of China.

When was NITI Aayog formed?


Read the following paragraph and answer according.

NITI Aayog or National Institution for Transforming India Aayog is basically a policy think tank of Government of India and State Governments that replaces the 65-year old Planning Commission. 

The Union Government of India had announced formation of NITI Aayog on 1st January, 2015. The body is composed of a CEO and a Vice Chairperson, to be appointed by the Prime Minister, in addition to some full-time members and two part-time members, while four Union Ministers would serve as ex-officio members. 

Besides, there would be specific regional councils, while experts and specialists from various fields would be called as special invitees nominated by the Prime Ministers. 

NITI Aayog will serve as a “think tank” of the government as a “directional and policy dynamo” and would provide both to the governments at the centre and in the states with strategic and technical advice on key policy matters including economic issues of national and international importance. 

NITI Aayog will have regional councils to focus on developmental activities on specific areas and is patterned on the National Reforms Development Commission of China.

How will NITI Aayog serve India?


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 is not a feature of Indian economic planning?


Which two model of development India had adopted on the eve of independence?


Why did India adopt planning?


Which of the following is/are correct about the Bombay plan?


Who among the following appoints the Vice Chairperson of NITI Aayog?


Which of the following statements about NITI Aayog are true?

  1. NITI Aayog acts as a “think tank” of the Union Government.
  2. NITI Aayog acts against terrorism.
  3. NITI Aayog acts in the spirit of cooperative federalism.
  4. NITI Aayog decides more roles for bigger states and smaller roles for smaller states.

Choose the correct option:


Planning Commission was set up by ______.


Which one of the following is not the objective of NITI Aayog?


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