1.
Meaning of Planned Development
• Planned development refers to systematic economic planning by the government
to achieve growth and social justice.
• India adopted planning after independence to overcome:
o Poverty
o Unemployment
o Economic backwardness
2. Why Planning Was Needed?
• Colonial economy was underdeveloped
• Lack of industries
• Agricultural dependence
• Unequal distribution of wealth
3. Planning Commission
• Established in 1950 by the Government of India
• Key role:
o Formulating Five-Year Plans
o Allocating resources
4. Five-Year Plans
First Five-Year Plan (1951–56)
• Focus: Agriculture & Irrigation
• Aim: Food security
Second Five-Year Plan (1956–61)
• Based on Mahalanobis Model
• Focus: Heavy industries
Key Economist:
• P. C. Mahalanobis
5. Economic Models Debated
(A) Socialist Model
• State control over economy
• Public sector dominance
(B) Capitalist Model
• Private sector-led growth
(C) Mixed Economy (India’s Choice)
• Combination of both
• Public + Private sectors coexist
6. Key Features of Indian Planning
• Focus on:
o Industrialization
o Agriculture
o Public sector growth
• Reduction of inequality
• Welfare orientation
7. Achievements of Planned Development
• Growth in industries
• Expansion of infrastructure
• Self-reliance in food production (later years)
8. Limitations
• Slow growth (Hindu rate of growth)
• Inefficiency in public sector
• Poverty not fully removed
PART 2: INDIA’S FOREIGN POLICY
1. Meaning of Foreign Policy
• A set of principles guiding a country’s relations with other nations.
2. Objectives of India’s Foreign Policy
• Maintain sovereignty and security
• Promote peace and cooperation
• Support decolonization
• Economic development
3. Principles of Foreign Policy
(A) Non-Alignment
• India did not join any military bloc during the Cold War
Key Concept:
• Non-Aligned Movement
Leaders:
• Jawaharlal Nehru
• Josip Broz Tito
• Gamal Abdel Nasser
(B) Panchsheel (1954)
Agreement between India and China
Five Principles:
1. Mutual respect for sovereignty
2. Non-aggression
3. Non-interference
4. Equality
5. Peaceful coexistence
4. Role in International Affairs
• Supported anti-colonial movements
• Active in United Nations
• Promoted global peace
5. India and Its Neighbours
• Friendly relations but faced challenges:
o China conflict (1962)
o Pakistan conflicts
6. Challenges in Foreign Policy
• Cold War pressure (USA vs USSR)
• Border disputes
• Security concerns
7. Achievements
• Maintained independent foreign policy
• Gained global respect
• Leadership in developing countries