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Journey of Seventy-Five Years of Indian Economy: An Overview

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  • Jana, Sebak

Abstract

The completion of seventy-five years of India's independence in 2022 marks a significant milestone for evaluating India's economic performance and gauging its future potential. With a population of approximately 1.4 billion, it is crucial to comprehend the standing of its people. Following independence, India embraced a mixed economy model, allowing both public and private sectors to contribute towards the overall development of the national economy. Throughout this period, the Indian economy has undergone substantial structural transformations, experiencing both successes and setbacks. Numerous economic policies have been implemented to achieve the objective of inclusive growth. This article aims to reflect upon the major economic policies pursued by India during this journey and assess the accomplishments and concerns for its economy.

Suggested Citation

  • Jana, Sebak, 2023. "Journey of Seventy-Five Years of Indian Economy: An Overview," MPRA Paper 117838, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:117838
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    File URL: https://mpra.ub.uni-muenchen.de/117838/2/75%20Years%20of%20Indian%20economy%20MPRA%20Paper%20Sebak%20Jana.pdf
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    1. repec:bla:devpol:v:22:y:2004:i:1:p:97-120 is not listed on IDEAS
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    More about this item

    Keywords

    Indian economy; Economic planning in India; growth rate; economic reforms; human development;
    All these keywords.

    JEL classification:

    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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