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12Dec 2024

Nehru’s Economic Policies And Their Long-Term Impact

Syllabus: GS-2: Post-independence Consolidation of India Focus: Arvind Panagariya’s The Nehru Development Model critiques Jawaharlal Nehru’s economic vision and its long-term impacts on India’s growth. Panagariya argues that Nehru’s policies, rooted in socialism and heavy industry, stunted the country’s economic potential. His focus on state-led development, nationalization, and central planning hindered India’s progress in crucial …

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