Economic independence is defined as a nation's ability to stand on its own, free from excessive dependence on foreign aid, resources, and expertise. Over the years, India has made significant strides in various sectors to establish itself as a self-reliant nation, catalysing economic growth, innovation, and national development.
Historical Background:
After decades of colonial exploitation, India gained independence in 1947, laying the foundation for a transformative journey towards self-reliance. The initial years were focused on rebuilding the nation's economy, enhancing agricultural productivity, and industrialization. Significant efforts were made to reduce dependence on foreign imports, promote domestic industries, and strengthen the rural economy. The implementation of Five-Year Plans and economic policies aimed at achieving self-sufficiency were instrumental in India's development agenda.
Key Pillars of Economic Independence:
1. Industrial Growth and Manufacturing: India's focus on expanding its manufacturing sector has been critical in achieving economic independence. Initiatives such as the "Make in India" campaign have been launched to attract investments, encourage domestic production, and enhance competitiveness. The establishment of Special Economic Zones (SEZs) has facilitated a favourable business environment and increased exports, reducing the country's reliance on imported goods.
2. Agriculture and Food Security:
Diese Geschichte stammt aus der March - April 2024-Ausgabe von UNIQUE TIMES.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der March - April 2024-Ausgabe von UNIQUE TIMES.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Sri Lanka: The Fantabulous Emerald Island
With its sunkissed beaches, tropical forests, rolling mist-capped hills, magnificent monuments and tantalising cuisine, Sri Lanka has everything to woo visitors
The Beauty Secret in Your Pantry: Rice Water
In the quest for flawless skin and luscious hair, people often turn to exotic, expensive products, not realising that some of the most potent beauty secrets are hidden in their kitchen pantry.
Unleash Your Strength With the Transformative Power of Squats
Imagine a single exercise that can redefine your fitness journey, transform your strength, balance, and overall well-being. Welcome to the world of squats, a fundamental move that packs a punch far beyond its simplicity.
Analyse, Evaluate and Reskill Yourselves!
Knowing your purpose and having clearly set goals will help you have conviction, discernment and focus. Finding your 'why' always helps you find the meaning of what you do, and your life in general.
Virility and its Physical, Emotional and Lifestyle Connections
Regular physical activity, a balanced diet, and maintaining a healthy weight are essential for reducing the risk of ED and related conditions. Men who make healthier lifestyle changes often experience better sexual health and overall well-being.
Union Budget 2024 - A Brief Review Of Some Of The Key Direct Tax Proposals - Part II
The Finance Bill proposed that the long-term capital gains on the ransfer of unlisted securities or shares of a closely held company by non-residents (without payment of STT) on or after July 23, 2024, would increase from 10 percent to 12.5 percent.
Neck pain on the rise among youngsters
The human body is designed to maintain an erect posture. Sleep on your back on a firm mattress and use a small pillow or a cervical pillow. Never sleep in a sitting position or any other compromised position especially when travelling.
Embodiment of Compassionate Leadership: Dr Leema Rose Martin
Leema’s leadership style is a unique blend of administrative skills and a humanitarian outlook. She is a visionary leader who understands that the success of a company is not just measured by its financial performance but also by its impact on society.
Understanding the Recent Surge in Climate Disasters: A Management Perspective
Building durability is not just about physical infrastructure but also about developing adaptive capacities among communities and businesses. Training programmes, public awareness campaigns, and the integration of climate education into curricula are crucial for empowering individuals and institutions to respond effectively to climate threats.
What I Make Out of This Year's Union Budget
It covers the whole gamut of economic planning and aims at making India a Viksit Bharat of citizens with higher disposable income and purchasing power by 2047