Category: Class 12 Indian Economy

India China Pakistan Comparative Study Class 12 | Table | Chapter 13 |

After independence both India and Pakistan adopted same strategies for growth such as; Mixed-growth and both were dependent on public sector more whereas private sector was allotted secondary role for the development of the country. On the other hand, China adopted rigorous model of growth for all the government activities were handled by government and there

New Economic Policy Class 12 | Economic Reforms since 1991 |

New economic reform refers to the set of policies which were undertaken to accelerate the speed of growth and development in the country. In 1991, government of India had implemented three major reforms in the country which drastically affected the Indian economy, such as; the liberlisation policy replaced the licensing policy for trade and industries,
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