The Gandhian Plan

Decentralized Planning in India

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Economic Planning in India was mainly centralized, i.e. almost all the major economic plans were formulated at the Central Level, for example, the Five Year Plans. So, due to this centralized nature of planning, there was no direct link between development and democracy. The Centralized nature of planning had its own implications, considering that, the […]

The Gandhian Plan

The Gandhian Plan

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In the last article, we discussed the plan for India’s Economic Resurrection, the Bombay Plan. And in this article, we’d be continuing our discussion on Economic Planning in India, by analyzing the Gandhian Plan. (Click here to read about multi-level planning in India) The Gandhian Plan Economic Planning prior to Independence The process of economic planning […]

Multi-level Planning

Multi-level Planning: Planning in India

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After discussing the Bombay Plan, the Member of Parliament Local Area Development Scheme (MPLADS), today we’d be continuing our discussion on Economic Planning in India, by discussing the Multi-Level Planning in India. The Multi-Level Planning in India, just like the MPLAD scheme, is based on the principle of democratic decentralization, allowing for the process of […]

Member of Parliament Local Area Development Scheme

The Member of Parliament Local Area Development Scheme (MPLAD)

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The Member of Parliament Local Area Development Scheme (MPLAD) is one of the prominent Central Plans which was launched on December 23, 1993. The Central Plans are basically those nation-wide plans which are formulated and financed by the Central Government. These plans have been continuously implemented by the Centre and are detrimental to the socio-economic […]

Financial Sector Reforms

Financial Sector Reforms: Narasimham Committee I

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In the last article, we discussed the First and Second Generation economic reforms in India, which are also known as the LPG (Liberalization, Privatization, and Globalization) reforms. These reforms were mainly aimed to enhance the Indian economy and make it more resilient. Numerous measures were taken in these ‘generations’ of economic reforms such as mitigating […]

Second Generation Reforms

Second Generation Reforms: Economic Reforms in India

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As we all know, India introduced economic reforms of Liberalization Globalization, and Privatization (LPG reforms) in 1991, which was mainly aimed to liberalize the Indian Economy and fuel economic growth, which was more or less stagnant before the reforms, all thanks to the socialistic policies. And these reforms were mostly influenced by the Washington Consensus […]

Changes in Cropping Patterns

Changes in Cropping Patterns: Different patterns in India

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Changes in Cropping Patterns What is a cropping pattern? The cropping pattern refers to the set and combination of crops that farmers opt for in a particular region, in their farm practices. The cropping pattern in India depends on certain factors such as- Geographical factors: Soil, landforms, precipitation, moisture, altitude, etc. Infrastructure factors: Irrigation, storage, […]