TOPIC INFOUGC NET (History)

SUB-TOPIC INFO  History (UNIT 9)

CONTENT TYPE Short Notes

What’s Inside the Chapter? (After Subscription)

1. Introduction

2. Thrust Areas of Economic Planning

2.1. Poverty Alleviation

2.2. Economic Growth

2.3. Equality and Social Justice

2.4. Self-reliance

2.5. Employment Generation

2.6. Regional Balance

3. Development Initiatives During different Plans

3.1. First Five Year Plan (1951-1956)

3.2. Second Five Year Plan (1956-1961).

3.3. Third Five Year Plan (1961-1966)

3.4. Annual Plans (1966-1969)

3.5. Fourth Five Year Plan (1969-1974)

3.6. Fifth Five Year Plan (1974-79)

3.7. Sixth Five Year Plan (1980-85)

3.8. Seventh Five Year Plan

4. Development Performance

4.1. Agriculture

4.2. Industry

4.3. Infrastructure Development

Note: The First Topic of Unit 1 is Free.

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Economic Policies and the Planning Process

UGC NET HISTORY (UNIT 9)

LANGUAGE
Table of Contents

Introduction

  • India inherited a dismal economic condition from British rule, with the economic state at the time of Independence being quite sordid.

  • India’s developmental pattern during the pre-liberalization period (1950-1990), spanning four decades, was characterized by strong centralized planning.

  • The period featured government ownership of basic and key industries.

  • There was excessive regulation and control over private enterprises.

  • Trade protectionism was maintained through tariffs and non-tariff barriers.

  • A selective approach was adopted towards foreign capital.

  • The basic objectives of planning during this period were:

    • Growth

    • Social justice

    • Modernization

    • Self-reliance

    • Socio-economic development.

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