Indian Economic Development

Indian Economy 1950-1990

Question:

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.

Answer:

Green revolution refers to the tremendous increase in agricultural production and productivity that has come about with the introduction of new agricultural technology. It transformed the economy of scarcity into an economy of plenty.
Rise in Production and Productivity. Green Revolution helped in removing continuing food shortages. HYVP was restricted to only five crops namely, wheat, rice, jowar, bajra and maize. Commercial crops were excluded from the ambit of the new strategy. Substantial increase in wheat production was noticed.
indian-economy-1950-1990-ncert-solutions-class-11-indian-econmonic-developtment-1
The wheat production increased from 11.1 million tonnes in the Third Plan to 93.9 million tonnes in 2011-12.
Rice production initially increased slowly and later at a fast pace. The production increased from 35.1 million tonnes in the Third Plan to 92.8 million tonnes in 2011-12.
The production of coarse cereals (jowar, bajra and maize) fell to 26.1 million tonnes in 1965-66 and then increased to 32.5 million tonnes in 2011-12.

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Indian Economy 1950-1990

Q 1.

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.

Q 2.

Define a plan.

Q 3.

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.

Q 4.

Why should plans have goals?

Q 5.

Why was it necessary for a developing country like India to follow self-reliance as a planning

Q 6.

What is marketable surplus?

Q 7.

What is Green Revolution? Why was it implemented and how did it benefit the farmers? Explain in brief.

Q 8.

Match the following:
indian-economy-1950-1990-ncert-solutions-class-11-indian-econmonic-developtment-2

Q 9.

Explain the need and type of land reforms implemented in the agriculture sector.

Q 10.

Why was public sector given a leading role in industrial development during the planning period?

Q 11.

Explain ‘growth with equity’ as a planning objective.

Q 12.

What is sectoral composition of an economy? Is it necessary that the service sector should contribute maximum to GDP of an economy? Comment.

Q 13.

Why did India opt for planning?

Q 14.

Why, despite the implementation of green revolution, 65 per cent of our population continued to be engaged in the agriculture sector till 1990?

Q 15.

Explain how import substitution can protect domestic industry.

Q 16.

Does modernisation as a planning objective create contradiction in the light of employment generation? Explain.

Q 17.

What are miracle seeds?

Q 18.

Why and how was private sector regulated under the IPR 1956?

Q 19.

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.