Indian Economy on the Eve of Independence

The Indian Economy on the Eve of Independence was marked by a complex interplay of traditional practices and colonial exploitation. As the country approached its freedom from British rule in 1947, it grappled with significant challenges, including agricultural dependency, industrial stagnation, and a vast economic divide. This period witnessed important discussions on policy reforms and economic self-sufficiency, highlighting the struggles of various sectors. Understanding this pivotal moment is vital for appreciating the foundations upon which India’s post-independence economic policies were built, shaping the nation‚Äôs progress in the decades that followed.