Journey of Seventy-Five Years of Indian Economy: An Overview

Sebak Jana ()

MPRA Paper from University Library of Munich, Germany

Abstract: The completion of seventy-five years of India's independence in 2022 marks a significant milestone for evaluating India's economic performance and gauging its future potential. With a population of approximately 1.4 billion, it is crucial to comprehend the standing of its people. Following independence, India embraced a mixed economy model, allowing both public and private sectors to contribute towards the overall development of the national economy. Throughout this period, the Indian economy has undergone substantial structural transformations, experiencing both successes and setbacks. Numerous economic policies have been implemented to achieve the objective of inclusive growth. This article aims to reflect upon the major economic policies pursued by India during this journey and assess the accomplishments and concerns for its economy.

Keywords: Indian economy; Economic planning in India, growth rate, economic reforms, human development (search for similar items in EconPapers)
JEL-codes: O53 (search for similar items in EconPapers)
Date: 2023-07-05
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Published in Samaj Jijnasa 1.15(2022): pp. 212-227

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