INDIAN ECONOMIC DEVELOPMENT

Covered all the topic of unit one 

Development experience (1947-90) and economic reforms dince 1991

A brief introduction of the state of indian economy on the eve of independence indian economic system and common goals of five year plans.

Main features, problem and policies of agriculture ( institutional aspects and new agricultural strategy ), industry (IPR 1956; SSI - Role and importance ) and foreign trade. 

Each and every topic like features and appraisals of liberation, globalisation and privatisation (LPG policy); concepts of demonetization and GST. 

Exhibit memory of previously learne material by recalling, facts, terms basic concepts, and answers. Demonstrate understanding of facts and ideas by organizing, comparing, translating , interpreting, giving description, amd stating main ideas.

Prior to british rule indian economy was a vibrant and prosperous economy. On the agricultural front, it was a self contained rural economy where cultivators themselves were the owners of land . Industrial sector was famous through the world for its handicraft products.