33min chapter

The Seen and the Unseen - hosted by Amit Varma cover image

Ep 387: The Life and Times of the Indian Economy

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

Nehru's Economic Policies and India's Development Journey

The chapter delves into Nehru's vision for India's economy post-independence, focusing on his mix of British parliamentary democracy and Soviet central planning to uplift the nation from poverty. It explores Nehru's socialist beliefs, central planning, state-led industrialization, and the historical context leading to India's economic policies in the 1950s. The discussion also touches on the consequences of Nehruvian economic strategies, including central planning, foreign aid reliance, and trade restrictions, on India's economic growth trajectory.

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