Indian Economic Development Class 11 Notes Chapter 1

CBSE Notes for Indian Economic Development Chapter 1

The Indian economy comprises of all the production activities and distribution activities that relate to people. It also comprises of economic activities which related to people and hence determines their appropriate standard of living. However, in this article, we will discuss the status of the Indian economy on the eve of independence. It is important for every Indian to know that on the eve of our independence, the economy of the country was in very bad shape. The end of the colonial rule left the nation in bits. We picked it up and placed it in order. This bad condition of the country was the outcome of every policy of the British. Since every policy that they were framing was constantly focusing on favoring their nation, we had very little left towards the end. Please refer Indian Economic Development Class 11 Notes Chapter 1 for more information.