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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.
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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.
संबंधित प्रश्न
Planning Commission was scrapped on ______.
Number of part-time members in NITI Aayog is ______.
Consider these statements about NITI Aayog. Find the Wrong statement.
NITI Aayog serves as a think-tank to promote ______ federation where government acts as a ______ with the help of technology. Select the correct option.
Why was the Planning Commission replaced by NITI Aayog?
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.
Why has a big tilt towards the public sector been shown in the cartoon?
Observe the figure below and answer accordingly.
Which type of economic model was adopted by India?
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?
Which of these statements about the Bombay Plan is incorrect?
Following are a few points given on the approach towards development at the time of Independence. Which of them is correct?
- The common perception of Development was becoming modernized which involved the breakdown of traditional social structure
- 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.
- 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?
"GRAND INNOVATION CHALLENGE" was launched by
Read the following passage and answer the question.
"In the early years of Independence, two contradictory tendencies were already well advanced inside the Congress Party. On the one hand, the national party executive endorsed socialist principles of state ownership, regulation, and control over key sectors of the economy in order to improve productivity and at the same time curb economic concentration. On the other hand, the national Congress ·government pursued liberal economic policies and incentives to private investment that was justified in terms of the sold criterion of achieving a maximum increase in production". - Francine Frankel
What is the contradiction that the author is talking about? What would be the political implications of a contradiction like this?
What is the meaning and importance of economic planning in the Indian context?
Which two model of development India had adopted on the eve of independence?
When was Planning Commission set up in India by a simple resolution of the government of India?
In which year was the NITI Aayog constituted?
When was NITI Aayog constituted?
Which of the following statements about NITI Aayog are true?
- NITI Aayog acts as a think tank of the Union Government.
- NITI Aayog acts against terrorism.
- NITI Aayog acts in a spirit of cooperative federalism.
- NITI Aayog design strategic and long term policy and programme frameworks.
Planning Commission was set up by ______.
Which one of the following is not the objective of NITI Aayog?
Explain any two reasons for the formation of the NITI Aayog in place of the Planning Commission by the Union Government.
