2. Policy
Leaders
makers
Planned
efforts
Economic
Development
3. Development of Environmental Health and
human capital suitability safety measures
Critical Rise in poverty
infrastructure Literacy and
line
other initiatives
4.
5. State ownership
of many
Sectors
Extensive
Regulation
PRE
INDEPENDENCE
LOOK
Red tape
known as
“License Raj”
Isolation from
world economy
6. Regulatory
Life insurance
Action by
got nationalized
government
State
Ownership
In which
Industries got
POST Nationalized
INDEPENDENCE
LOOK
Industrialization
Was key to
Economy
India has
Control over progressed
prices towards a free
market economy
8. • (IARI)led to the ”Indian
green revolution "of 1970’s
Agriculture and 1.
allied sectors like
forestry, logging
and fishing acco
unted for 18.6%
• Various schemes
implemented by
of the GDP in
2005
2. government
9. Together Mining
they form
27.6% of
GDP
Gas
MANUFACTURING
Quarrying
Electricity
10. Only 1% of
the total
GDP or
1/50th of the
total services Increase in demand
are in India from foreign consumer Looking to outsource
interested in India their operation
service export
India is 15th in services output.
13. Life Standard of
expectancy living
Literacy Education
14.
15. Net flow of investment
impact
Country’s trade balance Improving infrastructure
16.
17. Government adopts the
principle of formal
economic planning as Annual budget
effective planning to &
intervene in economy to 5 year Plan
faster growth
18. Child labor Poverty and Environmental
Corruption employment degradation
19. Government has Various central and
introduced the right to state government acts
information establish vigilance
act(2005)and equivalent commissions have
acts in state reduced corruption
20. Implement of world
largest child labor Laws banning
elimination employment of
program, with primary children(under 14)in
education targeted for hazardous industries
250million
21. Antipoverty programs
initiated by government to Some policies issued by
help of poor to attain self government national rural
sufficiency in food employment programmed
production ensuring the and the rural landless
supply of basic commodities employment guarantee
programmed
22. About 1.2 billion lack in
clean safe water as most
household and industrial
wastes are dumped
directly in rivers
24. “We who live in free market societies
believe that growth, prosperity and
ultimately human fulfillment, are
created from the bottom up, not the
government down. Only when the
human spirit is allowed to invent and
create, only when individuals are
given a personal stake in deciding
economic policies and benefiting from
their success - only then can societies
remain economically alive
dynamic, progressive, and free.”
-RONALD REAGON
