appraisal of an indian

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APPRAISAL OF AN INDIAN ECONOMY FROM (1947-2008).

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8/6/2019 Appraisal of an Indian

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INT ODUC TI O N

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Introduction about the

´INDIA µ.India is a land of µSujalam¶ and Sufalam´,a land that has beenendowed with aried

heritage.People, rightfrom the beginningIndus-ValleyCivilization(HarappanCivilization) till today,have made our countryrich and wealthy withtheir intellectuality,ability, talents andskills .

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Continued introductionIn India InnumerableScholars, thinkers, artists,artisans, sages, saintsscientists, economists,historans have contributedto the growth anddevelopment of ourculture.

But after being slavedunder the British empireour whole economy hadbeen disturbed ortragedized.

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´ IN D IA - the brightest jewel in the British Crown was one of the poorest nations of the

world µ Prior to the dawn of Independence in August 1947, Indian Economy wascharacterized as a highlyunderdeveloped and astagnant economy.

But after the planning process in 1951, it hasmoved on the path of economic development.For showing this the

journey from(1947-2008)being measured out in the

form of appraisal.

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Basic Requirements By Being

An Indian.

EDUA CAT ION

FAM ILY PL A NNING LAW

& JU

ST

ICE

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´ IN D IAN ECO N OMY .µ

E conomically, the world is divided into two

categories ± developed countries and developingcountries.Here in the economy the economicdevelopment of a country is related

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W ith the following aspects -Per capita income.-Living standard of people .

I t includes the matters like as :

-Increase in its production and rates.-M ethod of Production distribution.-D ecrement in inequality.

-Increase of employment oppurtunities-D iminution of poverty & its abolition.-People¶s attitude and social structure.

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V IEWS OF DIFFERENT ECONOMIST FOR INDIAN ECONOMY

S. Gurumurthy contends that an economically strong I ndia can dictate terms to the world J. L. Gupta says superstition and idleness are keeping us po

N. N. Vohra states that serious flaws in the poll system are causing political instability.

R. C. Sharma feels scarcity is creating unrest and tension in

the country.P. H. Vaishnav wants legislators to set an example of a smal

family norm.

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A chievements Of Planning. A chievements Of Planning. SR. NO.

Plan Period Public Sector.Outlay

(Rs. in crores)

Growth Rate(in

Percentage)

(1) First Plan ± [1951-1956] 1,960 3.6(2) Second Plan ± [1956-1961] 4,672 4.2

(3) Third Plan ± [1961-1966] 8,577 2.7

(4) Three Annual Plan ±

[1966-1969]

6,625 3.7

(5) Fourth Plan ± [1969-1974] 15,779 2. 1

(6) Fifth Plan ± [1974-1979] 39, 426 4.8

(7) Annual Plan ± [1979-1980] 12,176 -

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(8)(8) Sixth Plan ± [1980-1985] 1,09,2921,09,292 5.55.5

(9)(9) Seventh Plan ± [1985-1990]

2,18 ,7302,18 ,730 6.06.0

(1 0)(1 0) Two Annual Plans ± [1990-1992]

1,23, 1201,23, 120 2.62.6

(11)(11) Eighth Plan ± [1992-1997] 4,34 ,1004,34 ,100 6.76.7

(1 2)(1 2) Ninth Plan ± [1997-2002]

Tenth Plan ± [2002-2007]

8,59,200 5.45.4

(1 3)(1 3) 15,25,639 7.67.6

(14)(14) Eleventh Plan ± [2007-2012]

-- 9.0 (target )9.0 (target )

Continued data of planning .

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Progress I n

A griculture Sector Progress

I n

A griculture Sector

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A CH I EVEME NT S OF IN D IAN

ECO N

OMY 1) INCREASE IN NATIONAL INCOME & PER CAPITA INCOME.

2) CHANGES IN THE SECTORAL COMPOSITION OF

NATIONAL INCOME.3) INCREASE IN THE RATES OF SA V ING &

IN V ESTMENT.4) PROGRESS IN AGRICULTURE SECTOR.

5) PROGRESS IN INDUSTRIAL SECTOR.6) DE V ELOPMENT OF INFRASTRUCTURAL

FACILITIES.

7) PROGRESS IN SOCIAL SECTOR.

8) CHANGES IN INSTITUTIONAL STRUCTURE .

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Estimated Investments as required in theinfrastructure are in the projects like:-

I . Setting up of 5 Mega Power Projects,expected to cost around Rs.75,000cr.

II . Modernization of Delhi, Mumbai, Bangalore, Hyderabad &

Upgradation of a few other non-metro air-ports at a estimated cost of Rs. 10,000cr.III .N ational Highway Development Programme is expected to go

around Rs. 1,00,000cr.

I V.Bharat N irman estimated investment of Rs.1,74,000cr.W

hile Rs. 48,000cr . I n rural road to completed with 11th plan-[2008- 2012]

V. I nvestment require in maritime sector are estimated at Rs.

1,00,000cr. & Rs. 11,000cr.I s required to give thrust to major

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Objectives of the Eleventh FiveYear Plan.

1. Income & Poverty.2. Education.

3. Health4. Women & Children5. Infrastructure.

6. Environment .

7. Agriculture.