TY  - JOUR
AB  - India was a colony of Great Britain until 1947 when the
subcontinent was partitioned into two politically separate and
independent countries: India and Pakistan. The partition resulted in a
major political and economic upheaval in the subcontinent. In 1950, a
planning commission was set up to determine priorities and co‐ordinate
Indian economic development. The system has been called a “mixed
economy” as opposed to either a centrally planned economy or an
essentially free marketdriven system. Over the years, the principal
objectives of planned development have been to build up within a
democratic context: (1) a rapidly expanding and technologically
progressive economy, and (2) a social order based on justice and
offering equal opportunity to every person. Several of the achievements
and the problems faced in the course of the development effort are
discussed.
VL  - 16
IS  - 7
SN  - 0306-8293
DO  - 10.1108/03068298910133089
UR  - https://doi.org/10.1108/03068298910133089
AU  - Thanawala Kishor
PY  - 1989
Y1  - 1989/01/01
TI  - Social Economic Aspects of India's Development
T2  - International Journal of Social Economics
PB  - MCB UP Ltd
SP  - 34
EP  - 47
Y2  - 2024/04/26
ER  -