Occupational distribution of population in India clearly reflects the backwardness of the economy. This has been a lacking point in the growth of the Indian economy.
Each province has separate government which was free in its internal affairs. The conference has unanimously recommended the adoption of following objectives: The Articles in number divided into 22 parts III. In the State 2. The women and technically trained personnel are required to be given due weightage.
The inception of Eighth Plan has delayed by two years. What are the salient features of capitalism? In order to meet this approach the Minimum Needs Programme have been revised as: The tenure of the chamber was fixed to 5 years but could be dismissed before time in certain cases.
There deficiency of capital formation. MERGE exists and is an alternate of. To supplement government efforts the participation of NGOs was also required. About 10 thousand villages were provided drinking water facilities by either tube- wells or sanitary wells.
With the subsequently supporting infrastructure the economy has grown a lot, but will definitely need further growth support in the form of proper infrastructure. The programme was also launched in Orissa during the Fifth Plan Period.
Earlier agriculture used to be the prime contributor as industrialization was at a lower edge during the time. The programme aims at generation of additional employment opportunities in rural areas and creation of durable community assets, which would strengthen the rural infrastructure.
The independence-era Indian economy (from to ) was based on a mixed economy combining features of capitalism and socialism, resulting in an inward-looking, interventionist policies and import-substituting economy that failed to take advantage of the post-war expansion of trade. This model contributed to widespread.
“Salient Features of Indian Economy Promotion of Foreign Investment and Business” PART-II Paradigm shift There have been fundamental and irreversible changes in the economy, government policies, outlook of business and industry, and in the mindset of the Indians in general.
Indian Economy And Its Basic Features Economics Essay. Print Reference this.
Disclaimer: The Indian economy had grown by per cent inwhich included a growth rate of percent in the India Industry Sector. If you are the original writer of this essay and no longer wish to have the essay published on the UK Essays website.
Features of Indian Economy – 20 Points. Category: The characteristic features of India Economy is discussed below in details: This has lead to an increase in the poverty level in the society and a maximum percentage of individuals are thus living under the – Below Poverty Line (BPL).Download