1945

The present chapter attempts an analysis of the impact of the system of economic control in India and of its liberalization on serveral economic variables: the pattern of investment, the efficiency of production, the generation of larger exportable surpluses, the mobilization of savings, the pattern of income distribution and the correction of various short run imbalances between supply and demand in various sectors of the economy. The discussion is confined to the industrial sector of the economy. The impact of the controls on agricultural commodities requires separate treatment. The major instruments of policy which form the system of Indian economic controls, defining each by the area of its immediate impact, include.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
Countries: India
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