India

At the dawn of independence , had to face stupendous problems . The stolon days were gall and wormwood to Nehru , the first Prime Minister of and his colleagues . As a result of the partition , a large deed of people reached from the aras to be included in Pakistan . They had to be rehabilitated . The entrance money of some States like Junagadh Hyderabad and Kashmir created problems . But Vallabhai Patel , the Home Minister , tackled them dexterously and intrepidlyWhen the British left , her economy was in a Pathetic employ They had been exploiting s resources recklessly . Acute poverty unemployment , frequent famines , illiteracy , scotch crisis productivity etc . were rampant , in the commonwealth . On the evening of independence , there was no basic industry that could cooperate the yield of other industries in the country . Agriculture was bad-mannered . The glaring economic discrepancy existing in s hostelry may prove fatal to land . Dr .B .R Ambedkar s words are prophetic . He said in the Constituent crowd on November , 25 , 1949 On January 26 , 1950 we are qualifying to enter into a life of contradictions . In politics we exit harbour equality and in economic life we leave behind have inequality . we must remove this contradiction at the earliest possible moment or else those who suffer with inequality pass on blow up the structure of political democracy which this assembly so laboriously built up (Manu , 129 started economic planning in 1951 and seven Five Year pictures were implement . The Eighth Plan is now being implemented . As a result of these Plans , have been able to achieve untroubled keep in several fields . The Eighth Plan was started in April 1992When became independent , the industrial sector was very minuscule . In 1950-51 only 16 .7 per cent of the national income was from industries The issue of people employed in the industries was only 9 per cent .

Now a large number of people are employed in the industries . The position of basic and capital goods has amend a great deal . The prospects for a significant growth in the gross domestic product (GDP ) to above 2 per cent in 1994-95 from 3 .8 per cent in 1993-94 have considerably brightened following reports of a noticeable uptrend in industrial production since November 1993 and the index rising to 3 .3 per cent for the entirely of 1993-94 against 1 .8 per cent in 1992-93 and almost a zero point growth in 1991-92Agriculture is the back-bone of our economy . It contributes to the largest share to the national income of the country . It is the primary source of savings and hence capital fundamental law in the country . We have made good progress in the field of land . The vagaries of the monsoon play havoc with agriculture . All the same , it is expected that the agricultural production will be rising by 2-3 per cent with the yield of nutriment grains at a new peak of 184-185 million tonsAs a result of privatization and economic liberalization our economy , to quote...If you want to take up a full essay, order it on our website: Ordercustompaper.com

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