Indian Economic Development : Must Revise

For Quick revision :
Must have Clear understanding of these topics : 
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Indian Economy on the Eve of Independence:

State of agriculture, industry, and foreign trade during British rule.

Demographic profile and occupational structure.

Indian Economy 1950-1990:

Planning in India: Five-Year Plans.

Agricultural development: Green Revolution.

Industrial development: Industrial Policy Resolutions.

Trade and foreign exchange policies.



Liberalisation, Privatisation, and Globalisation (LPG):

Reasons for economic reforms.

Key features of LPG policies.

Impact of reforms on various sectors of the economy.



Human Capital Formation:

Importance of human capital.

Sources of human capital formation: education and health.

Government initiatives for human capital development.

Rural Development:

Key issues in rural development: credit, marketing, infrastructure.

Role of cooperatives and self-help groups (SHGs).

Government schemes for rural development.




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