Economic system and common goals of Five Year Plans
Agriculture, industry (IPR 1956, SSI) and foreign-trade policies
Reforms
Liberalisation, globalisation and privatisation
Demonetisation and GST concepts
Learning objectives
Evaluate a feature of pre-1991 policy against the aims of the 1991 reforms.
Labs for this chapter are on the way
We are building worlds, labs and stories for Development Experience (1947–90) and Economic Reforms since 1991. Meanwhile, practise its questions or explore the rest of Social Science.