Industrial Development During the Five year Plans In india

The Real Growth and Industrial Development in India started during the period of five-year plans. First Five Year Plan(1951-56): The main objective of the first-year plan was on agricultural development. Therefore the Importance was given to existing Industries rather than the establishment of new industries like cotton, woolen, and jute textiles, cement, paper, medicines, paints, sugar, etc. … Read more

Ambedkar’s Economic Thoughts – Explained

D.R.B.R.  AMBEDKAR  is an economist of all time, but his economic thoughts have not been read, followed and propagated. He is a multifarious genius but surprisingly his economic thoughts remained unknown even to great personalities. The reasons can be 1. INTELLECTUAL SLAVERY: That means Indians quite often quote foreign authors neglecting the contributions of Indians. … Read more