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3. Politics of Planned Development
The narrative discusses the evolving political and economic decisions made by India's leaders in response to the challenges of development post-Independence, highlighting key strategies adopted in the early years. It addresses the tensions between economic growth and social justice and examines planning mechanisms, including the Planning Commission and Five-Year Plans, with a focus on heavy industrialization and agricultural development. The chapter reflects on the contradictions present in policy-making and the differing views on the direction of India's economic development.
Sections
This section delves into the complexities surrounding planned development in India post-independence, highlighting the political choices and debates around economic strategies.
Political choices significantly influenced economic development strategies in independent India.
There was a consensus that development should entail both economic growth and social justice.
The Planning Commission played a critical role in structuring India's economic policies through Five-Year Plans.
Planned Development
An organized approach by the government to direct economic growth through specific initiatives and strategies, aiming for balanced progress in various sectors.
Planning Commission
A government institution established to formulate India's Five-Year Plans and guide the country’s economic development, focusing on long-term goals and resource allocation.
FiveYear Plans
Strategic plans devised by the government to allocate resources and set targets for economic growth over a period of five years.
Socialist Pattern of Society
A developmental approach aimed at promoting social welfare and reducing economic inequality through government intervention and social ownership.
Practice Exercises
Total Questions
4
Estimated Time
8 min
Passing Score
70%
Instructions
- Read each question carefully
- You can use hints if you need help
- Complete all questions before submitting