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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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