Why was it necessary for a developing country like India to follow self-reliance as a planning
On the eve of independence, India was poor, stagnant and backward. There were heavy imports of foodgrains. It was important to be self-reliance.
Features of Self reliance are:
(a) Self-sufficiency in foodgrains.
(b) Fall in foreign aid and reduced dependence on imports which is possible when there is growth in domestic production.
(c) Rise in exports.
(d) Rise in contribution of industries in grass domestic product.
Though public sector is very essential for industries, many public sector undertakings incur huge losses and are a drain on the economy’s resources. Discuss the usefulness of public sector undertakings in the light of this fact.
While subsidies encourage farmers to use new technology, they are a huge burden on govern ¬ment finances. Discuss the usefulness of subsidies in the light of this face.
Why was it necessary for a developing country like India to follow self-reliance as a planning
What is Green Revolution? Why was it implemented and how did it benefit the farmers? Explain in brief.
Why was public sector given a leading role in industrial development during the planning period?
What is sectoral composition of an economy? Is it necessary that the service sector should contribute maximum to GDP of an economy? Comment.
Why, despite the implementation of green revolution, 65 per cent of our population continued to be engaged in the agriculture sector till 1990?
Does modernisation as a planning objective create contradiction in the light of employment generation? Explain.
Explain the statement that green revolution enabled the government to procure sufficient foodgrains to build its stocks that could be used during times of shortage.
