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Question
“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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Solution
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.
RELATED QUESTIONS
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?
The Socialist model of development was related to ______.
NITI AYOG was established on ______.
Tripura State Planning Board was set up in ______.
Who amongst the following is the longest serving member of Tripura State Planning Board?
Engagement of local people in development project refers to ______.
The form of Participation where the primary stakeholders participate in the discussion and analysis of pre-determined objectives is called ______.
The leader and the country that helped to reach the Tashkent agreement between India and Pakistan.
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.
Study the picture given below and answer the question that follows:
Choose the first state to be created due to linguistic demands after independence:
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.
The CFO and Vice Chairperson of NITI Aayog is appointed by ______.
The idea of planning in India was drawn from
- The Bombay plan
- Experiences of the Soviet bloc countries
- Gandhian vision of society
- Demand by peasant organisations
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?
- 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?
Which of the following option is correct?
What is the meaning and importance of economic planning in the Indian context?
What is Plan Holiday?
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?
Which of the following facts is/are incorrect about National Development Council?
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 the spirit of cooperative federalism.
- NITI Aayog decides more roles for bigger states and smaller roles for smaller states.
Choose the correct option:
Which one of the following is not the objective of NITI Aayog?
