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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

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

The Socialist model of development was related to ______.


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


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 ______.


Who appoints the Vice-Chairperson of NITI Aayog?


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


Engagement of local people in development project refers to ______.


The entire process of participatory development can be completed in ______.


______ 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.


Observe the figure below and answer accordingly.

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


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 these statements about the Bombay Plan is incorrect? 


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


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


In which year was the NITI Aayog constituted?


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


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 a spirit of cooperative federalism.
  4. NITI Aayog design strategic and long term policy and programme frameworks.

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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