Indian Economy (1950-1990)

The Indian Economy (1950-1990) represents a transformative period in India’s economic history, characterized by significant shifts in policy, structure, and development strategies. Post-independence, the country adopted a mixed economy model, blending elements of socialism and capitalism to navigate its path toward growth. This era witnessed various key initiatives, including the Green Revolution, industrialization efforts, and the gradual liberalization of the economy. Understanding this period is crucial for grasping the foundations of modern India, as it lays the groundwork for the economic reforms that would emerge in the 1990s and beyond.

Trade policy

Understanding Trade Policy Trade policy refers to the regulations and agreements that govern the exchange of goods and services between countries. It plays a crucial role in shaping a nation’s economy, influencing everything from the price of everyday goods to the level of economic growth. The core objective of trade policy is to enhance a […]

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Land Reforms

Understanding Land Reforms Land reforms refer to the various legal and governmental initiatives aimed at redistributing and regulating land ownership and use. The principal goal of these reforms is to promote equality in land ownership, enhance agricultural productivity, and ensure the welfare of the marginalized sections of society. The subject of land reform is crucial

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Green Revolution

Understanding the Green Revolution The Green Revolution refers to a period during the mid-20th century when significant advancements occurred in agriculture. This era marked a dramatic increase in food production worldwide, particularly in developing countries. By utilizing new technologies, such as hybrid seeds and chemical fertilizers, farmers were able to boost crop yields and ensure

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Subsidies

Understanding Subsidies: An Overview The concept of subsidies plays a crucial role in the economic landscape of a country. Essentially, subsidies are financial aids provided by the government to various sectors such as agriculture, education, healthcare, and more. They aim to promote growth, encourage innovation, and safeguard the interests of certain industries. This article will

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