This video explains, Chapter 2 (Indian Economy 19501990) of Class 12th Economics NCERT Book, Indian Economic Development. Development in Agriculture, Industries and Trade between 19501990 through Five Year Plans.

Indian Economic Development (Playlist Link)
   • Economics: Class 12 NCERT  

Please read the chapter once from your book after watching the video.

Timestamp

0:00 Intro
0:24 Types of Economic System
2:12 Economic System adopted by India
2:34 Economic Planning in India
3:00 Goals of 5 Year Plans
4:58 Implementation of 5 Year Plans
5:07 5 Year Plans in Agricultural Sector
8:40 Debate over Agricultural Subsidies
10:29 5 Year Plans in Industrial Sector
13:08 5 Year Plans in Trade Policy
14:04 Pros and Cons of Trade Policy
15:14 Conclusion

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