Maharashtra State BoardSSC (English Medium) 9th Standard
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Give Reason. Independent India Opted for Mixed Economy. - History and Political Science

Short Note

Give reason.
 Independent India opted for mixed economy.

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Solution

 Our Prime Minister Pandit Nehru adopted the middle path rather than taking recourse to any extremes. A mixed economy also naturally tends to give priority to the national interest. Long-term development is stressed upon with priority. Thus, India adopted the mixed economy model. Priority was given in this policy to control the influence of heavy industries, industrial families and foreign industries and remove the imbalance in regional development. In this economy, public, private and joint sector are work together.

Concept: New Economic Policy
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Balbharati Social Science History and Political Science 9th Standard Maharashtra State Board
Chapter 1.04 Economic Development
Give reasons | Q 1.1 | Page 22
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