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Question
Which of the following ideas did not form part of the early phase of India’s development policy ?
Options
Planning
Liberalisation
Cooperative farming
Self sufficiency
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Solution
Liberalisation
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Which of the following ideas did not form part of the early phase of India's development policy?
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.
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?
Which of the following option is correct?
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?
Who was the first vice chairperson of NITI Aayog?
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The idea of planning in India was drawn from
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