The Nehruvian socialist economy refers to the economic policies and principles adopted by India during the tenure of Prime Minister Jawaharlal Nehru. This period, spanning from India’s independence in 1947 to the late 1960s, laid the foundation for a planned …
Right from independence, the Indian economy was premised on the concept of planning. This was carried through the Five Year Plans. They were developed, executed, and monitored by the Planning Commission till 2014 and now it is handled by NITI Aayog …
The five-year plan’s concept was launched in the year 1951 and till now 12 five-year plans have been implemented in our country. Right now, the government has decided to stop the formation of the five-year plans. But till now, the …