Why did India opt for planning?
India achieved independence in 1947. The colonial government left India in a poor, backward and stagnant situation. From that time efforts have been made to solve people’s problems in a sovereign Indian republic through a system of federal parliamentary democracy. Political independence has no meaning without economic prosperity. Planning was undertaken to sustain political independence and generate economic prosperity.
What is Green Revolution? Why was it implemented and how did it benefit the farmers? Explain in brief.
Why was it necessary for a developing country like India to follow self-reliance as a planning
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 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.
Does modernisation as a planning objective create contradiction in the light of employment generation? Explain.
Why, despite the implementation of green revolution, 65 per cent of our population continued to be engaged in the agriculture sector till 1990?
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.
