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The Bombay Plan is the name commonly given to a World War II-era set of Import substitution industrialization-based proposals for the development of the post-independence economy of India. The plan, published in 1944/1945 by eight leading Indian industrialists, proposed state intervention in the economic development of the nation after ...
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This is an accepted version of this page This is the latest accepted revision, reviewed on 4 February 2025. Integrated Schematic National Programs for Economic Development This article is part of a series on the Politics of India Constitution Amendment Basic structure doctrine Fundamental Rights, Directive Principles and Fundamental Duties of India Human rights Judicial review Taxation Uniform ...
Composition of India's total production of foodgrains and commercial crops, in 2003–04, by weight. India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 18.6% of the GDP in 2005, employed 60% of the total workforce [13] and despite a steady decline of its share in the GDP, is still the largest economic sector and plays a ...
The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 119th by GDP (PPP). [58]
Bipan Chandra (24 May 1928 – 30 August 2014) [2] was an Indian Marxist historian, specialising in economic and political history of modern India.An emeritus professor of modern history at Jawaharlal Nehru University, he specialized on the Indian independence movement and is considered a leading scholar on Mahatma Gandhi.
As the national struggle intensified, the Government of India conceded some of the economic demands of the nationalists, including the establishment of a central bank. [16] Accordingly, the Reserve Bank of India Act was passed in 1934 and a central bank came into being on April 1, 1935, with Sir Osborne Smith as its first Governor. [16]
"It is not possible to think of an average of 9 per cent (in 12th Plan). I think somewhere between 8 and 8.5 per cent is feasible", Mr Ahluwalia said on the sidelines of a conference of State Planning Boards and departments. The approached paper for the 12th Plan, approved last year, talked about an annual average growth rate of 9 per cent.