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September 15, 2021

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Indian economy

Subject: – Business research methodology Author – Dhanashree pawar Indian Economy 1. Indian economy after independence Indian economy went through severe change after the independence in 1947, India has achieved tremendous progress in raising growth, income levels and standards of living. The gross domestic product (GDP) increased from Rs 2,939 billion during 1950-51 to Rs 56,330 billion during 2011-12. Mechanism of a mixed economy where both public and private sectors co-exist. The Industrial Policy Resolution of 1948 proposed a mixed economy. India’s forex reserves now the world’s fifth-largest. India initiated planning for national economic development with the establishment of the Read More
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