Strategies of Economic Planning in India

Strategies of Economic Planning in India: Nehru–Mahalanobis, Gandhian, and LPG Approaches

Introduction Economic planning has been the backbone of India’s developmental policy since independence. It refers to the systematic and deliberate allocation of resources by the government to achieve national goals like economic growth, poverty reduction, employment generation, and balanced regional development. However, achieving these goals required strategies — broad approaches that determine how the objectives…

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National Development Council (NDC)

Planning Commission and National Development Council (NDC) in India

Introduction Economic planning in India has been one of the most significant pillars of the nation’s developmental journey after Independence. To ensure the systematic and balanced economic growth of a newly independent nation, the Government of India established institutional mechanisms that could formulate, implement, and monitor development strategies. Two such crucial institutions were the Planning…

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Five-Year Plans in India

Five-Year Plans in India: History, Implementation, and the 15-Year Vision Document

Introduction Economic planning has been the cornerstone of India’s development strategy since independence. After centuries of colonial exploitation, India inherited an economy characterized by poverty, unemployment, low productivity, and regional imbalances. To overcome these challenges and promote rapid development, the Government of India adopted a system of planned economic growth, primarily through a series of…

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Twelfth Five-Year Plan of India

Twelfth Five-Year Plan of India (2012–2017): Objectives, Focus Areas, and Targets

Introduction The Twelfth Five-Year Plan (2012–17) marked the last in the series of Five-Year Plans implemented by the Planning Commission of India before its dissolution in 2014. The Plan was a continuation of the country’s strategy for inclusive, sustainable, and rapid economic growth, building upon the achievements of previous plans. Formulated in the backdrop of…

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Economic Reforms in India

Economic Reforms in India: First-Generation and Second-Generation Reforms

Introduction Economic reforms refer to structural changes in policies, laws, and institutions undertaken by a government to improve the efficiency, productivity, and growth potential of an economy. They are aimed at liberalizing the economy, reducing inefficiencies, promoting competition, and integrating the country with the global economy. In the context of India, economic reforms have been…

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National Institution for Transforming India

National Institution for Transforming India (NITI Aayog) — A full educational guide

Short intro (what it is):The National Institution for Transforming India, popularly known by its acronym NITI Aayog, is the Government of India’s premier policy think-tank and institutional mechanism for cooperative federalism. Formed to replace the old Planning Commission, NITI Aayog’s role is to provide strategic and technical advice, create knowledge and innovation platforms, and help…

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National Institution for Transforming India (NITI Aayog)

National Institution for Transforming India (NITI Aayog): Structure, Vision, Objectives, Members, and Sub-Groups

Introduction The National Institution for Transforming India (NITI Aayog) is India’s apex public policy think tank, established on 1st January 2015 by the Government of India. It replaced the Planning Commission, which had been in operation since 1950. The formation of NITI Aayog marked a significant shift from centralized planning to decentralized and cooperative federalism,…

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Economy and Environment: Interlinkages and the Role of Environmental Taxes

Economy and Environment: Interlinkages and the Role of Environmental Taxes

Introduction The relationship between the economy and the environment is one of the most crucial and complex aspects of modern development. The economy depends heavily on the natural environment for raw materials, energy, water, and ecological services, while economic activities often put pressure on the environment through pollution, resource depletion, and ecosystem degradation. Striking a…

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Sustainable Development

Need for Sustainable Development as per the India Report

Introduction Sustainable development has emerged as one of the most crucial objectives of modern governance, especially in the 21st century when nations are facing the dual challenge of economic growth and environmental protection. For India, a country with a population exceeding 1.4 billion, diverse ecosystems, and rapid urbanization, the pursuit of sustainable development is not…

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