24 Dec 2025, Wed

Independence Day 2025: The country became independent in 1947 and after that many dimensions of development were seen. From Nehru Yuga to Indira and Rajiv Gandhi’s rule, then P.V. In the era of Narasimha Rao, the liberalization and the vision of today’s “New India” – every round has its own policies. Sometimes socialism was preferred, sometimes industrialization, sometimes the Green Revolution proved a milestone in eradicating the hunger of the country.

1947 – Freedom and new beginnings

During the reign of Jawaharlal Nehru, the country proceeded on the path of socialism. The decisions taken at that time laid the foundation of future India. Today, if India remains a global economic center, then the role of their thinking in it cannot be denied.

After independence, India’s economy was crocodile. Poverty was at its peak with the pain of partition. In such a situation, Nehru adopted the “Mixed Economy” model on the lines of the Soviet Union – which focused on sharp industrialization with self -reliance. This helped India to overcome starvation and get out of the sorrow of partition.

1950s – Construction of Nehru Yuga and foundation

The Planning Commission was formed in 1950, whose job was to make five -year plans and implement them. Earlier (1951–1956) Five -Year Plan, agriculture, irrigation and electricity were given priority, reaching the GDP growth rate to 3.2% – which was far more than the estimated 2.1%. The second five -year plan emphasized heavy industry, steel plant and mass production. PSU companies like SAIL, BHEL and NTPC were established in this period. These were called “temples of modern India” – whose aim was not just to earn profits but to generate employment and maintain regional balance.

1960s -1970s – Green Revolution and Food Self -reliance

In the 1960s, India was struggling with a serious starvation crisis and dependent on foreign food aid. At that time agricultural scientist M.S. Swaminathan – Those who are called the father of Green Revolution – developed high productivity wheat and rice seeds. The government invested on fertilizers, pesticides and irrigation reforms, which changed India’s agricultural landscape.

1980s – Rise of technology

Under the rule of Rajiv Gandhi, India gradually moved from strict socialism and moved towards technology-based development. Telecommunication and IT got boost, telephone began to reach rural areas, and MTNL improved urban services. Something was relaxed in the license rule.

1991 – Big step for economic liberalization

But the real economic reforms took place in 1991, when India was almost insolvency due to the foreign exchange reserves crisis and the Gulf War. P.V. Narasimha Rao and the then Finance Minister Dr. Manmohan Singh implemented the “new economic policy” – which included the end of the license raj, openness for foreign investment and market -based reforms.

From Digital India to Global Hub

Today companies like TCS and Infosys have made India a global outsourcing hub. India’s economy has reached $ 4.19 in 2025 and has become the fourth largest economy in the world, leaving behind Japan.

Also read: Good news for India before Independence Day, S&P credited after 19 years, know what will happen by this

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