Buy custom The Indian Development Planning Era:
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The British never actively encouraged the extension of the ‘laissez-faire’ model across sectors and all that the indigenous entrepreneurs had managed was to establish a modern textile industry. Consequently, different stakeholders – nationalists, intellectuals, businessmen – agreed “that laissez-faire was the root of all evil and central planning the new panaceaâ€...
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Consequently, different stakeholders – nationalists, intellectuals, businessmen – agreed “that laissez-faire was the root of all evil and central planning the new panaceaâ€. (Bhagwati & Desai)
The foundations of India’s development strategy were laid in the pre-Independence era itself, when several entities proposed their vision for India’s future development...
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General points of the essay
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