DMPQ: Analyze why Indian economy is considered as planned developing economy.
Poverty, low per capita income, under-development, unemployment, prompted the newly established Indian polity to adopt economic planning for the development of the country. The idea of economic planning can be traced to 1934, when M. Visvesverayya in his book ‘Planned Economy of India’, advocated for planning to increase the national income. It was taken up … Read more DMPQ: Analyze why Indian economy is considered as planned developing economy.