A Five Trillion Dollar Economy represents an ambitious milestone for any nation, symbolizing not just economic prowess but also resilience, innovation, and widespread prosperity.
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UPSC Notes
After gaining independence in 1947, India adopted a system of planned economic development. This approach, inspired by the Soviet Union’s five-year plans
The National Institution for Transforming India Aayog, commonly known as NITI Aayog, was established in 2015 to replace the Planning Commission
However, several challenges and impediments hindered the sustained growth of the manufacturing sector. Here are key challenges
The achievements of planning span diverse domains, from urban development and infrastructure to economic growth and social welfare.
“I Know Why the Caged Bird Sings” is a poignant autobiography by Maya Angelou that delves into the author’s tumultuous journey of self-discovery
Economy Notes
History of Planning in India: First and Second Five-Year Plans – UPSC Economy Notes
by Edukemy Team
The history of planning in India is deeply intertwined with the nation’s journey towards economic development and self-sufficiency.
The financial resources allocated for the Five-Year Plans in India were drawn from various sources: Gross Budgetary Support (GBS)
Planning goals in India have been instrumental in shaping the socio-economic landscape of the nation, providing a roadmap for development and progress since independence
A mixed economy is an economic system that incorporates elements from both market economies and planned or socialist economies.