December 11, 2015

Economic Planning Strategy in India

In order to achieve the long-term and short-term objectives set in the each five year, specific strategies are required. It involves allocation resources across different sectors of the economy in tandem with the specified objectives. It involves selection choices like…

October 25, 2015

Structural Changes in Indian Industries

There key changes that occurred in the Industrial structure of the country during planning period are as follows: Overall industrial production went up by 5 to 6 times In last 65 years,  Industrial overall production went up by five-six times,…

October 24, 2015

Industrial Growth in India During Five Year Plans

First Five Year Pan On the eye of the First Five Year Plan, the Industrial Development in India was confined largely to the consumer goods sector, the important Industries being Cotton Textile, Sugar, Salt, Soap, 'Leather goods and Paper. Thus…