Nehruvian socialist development

Nehruvian socialist development
ECONOMY India at 79 LEAD STORY NEWS

India at 79: Nehruvian Socialism to Viksit Bharat@2047; natural capital continues to be compromised

India’s recent growth story has always been construed as a post-1991 liberalisation phenomenon. The formative decades after independence in 1947, however, unfold a dismal picture with growth numbers struggling even at low bases of the GDP, as the state embraced a “Nehruvian Socialist” pattern of development. The newly independent republic, scarred by colonial exploitation, embarked

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