2. Economic development after
independence
Economic development is the growth of
the standard of living of a nations people
from a low-income (poor) economy to a
high-income (rich) economy. When the
local quality of life is improved, there is
more economic development.
3. After Independence, India has
adopted mixed economy as economic
developmental strategy. Both public
and private sector co-exist side by side.
In order to achieve rapid economic
growth,.
4. Criteria for evaluating a country's level
of development
• Standard criteria for evaluating a
country's level of development are
income per capita or per capita gross
domestic product, the level of
industrialization, the general standard of
living, and the amount of technological
infrastructure
5. How India Improved its economy
• Reforms in education, healthcare, tourism
and finance, easy investment to provide more
benefits to the consumers,
could be India's new path
to economic development. ... And there are
plenty of Indian experts, some within the
government itself, who can guide the reform
process in specific areas for the development.
6. objective of India’s development
strategy
• The objective of India’s development
strategy has been to establish a socialistic
pattern of society through economic
growth with self-reliance, social justice
and alleviation of poverty. These
objectives were to be achieved within a
democratic political framework using the
mechanism of a mixed economy where
both public and private sectors co-exist.
7. Political development after
independence in India
• India became a sovereign democratic republic,
after constitution came into effect on 26
January 1950. After Independence the
policymakers in India launched the project
of economic development with a heavy
involvement of the state and a democratic
polity. ... As a result, in the first three
decades after independence India's per capita
income increased at a rate of around 2.5 %
annual income.
8. • Main focus after independence was on
agriculture, population was huge and
resources were limited, to increase
agricultural productivity government invested
huge capital on agriculture.
• Next focus was on Industries to get instant
income and fast development in the country.
• These are some measures government
initiated to bring fast development in India.
9. Challenges faced by India after
Independence
• After Independence, India faced a series of
challenges
• The problems of refugees
• ii. The new nation had to adopt a political system
that would best serve the hopes and expectations
of its population.
• iii. India’s population in 1947 was large and was
divided. Division between high castes and low
castes, between majority Hindu community and
Indians who practiced other faiths could be seen.
• iv. Famers were dependent on the monsoon for
their survival.
10. • The new nation had to lift its masses out of
poverty by increasing the productivity of
agriculture & by promoting new job-
opportunities by creating industries.
• vi. Unity & development goes hand in
hand. If the divisions between sections of
India were not healed, they could result in
violent conflicts. Examples-
• Hindus Vs Muslims
• High castes fighting with the low castes
11. The biggest problem in India after
Independence
• Like many other countries. The
biggest problem in India was
mismanagement of resources by some
leaders. Secondly, corruption in parts of
the government and among some of the
people of India have been their
biggest Problem.
12. Model of Development in India After
Independence
• Post-Independence, Major focus was on
exporting products instead of importing,
In 3rd Five year plan main focused was on
to produce more products and export,
the development of basic and heavy
industries as a means of accelerating
economic growth.
13. development on Phase wise
• The first phase reforms were aimed at
institution building for macroeconomic
stabilization and structural adjustments. The
second Phase reforms focused on liberalization
and privatization. Third Phase reform is aimed
at mobilizing technology, skill development
and creating knowledge based infrastructure.
In the third Phase reforms the overall socio-
economic development is designed for creating
new delivery mechanisms and strengthening
existing measures.
14. Achievements of India after
Independence
• Indians have been able to pursue
an independent foreign policy, after
independence interference of outside
powers was zero, India in various fields
like agriculture production, economic
progress, space programmes , nuclear
energy and defense got tremendous
Success.