All About Indian Economy
                     ALL ABOUT INDIAN 
ECONOMY
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Introduction 
In the present year, the Indian 
Economy is the 6th whopping 
wide-reaching Economy.
 Vision is to make it 3rd 
whopping economy in the jagranjosh.com
upcoming year.  
Indian Economy will be 
reached to 5 trillion US $ in 
upcoming years.
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Indian Economy Sectors
1. Primary- Cultivation 
and related occupations.
2. Secondary- Goods tellmepenas.blogspot.com
fabrication
3. Tertiary- Services 
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Background
Indian Economy went through three 
Phases such as-
1. Pre-Suburbanite
2. Before Independence
3. After Independence
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Studying these phases is essential to outline the 
modifications in the policy of the Indian Economy. 
1.Pre-Suburbanite
It is the Indian Economy from Indus 
Valley Civilization – 1700AD.
As per a series of studies and proofs, 
India was one of the richest 
motherland. 
Villages were urbanized and center myupscprelims.blogspot.com
of attraction.
Trade was the foundation of the 
Economy.
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2.Before Independence
British entered India for trade and ruled over our 
motherland about 150 years.
Their policies were worst for the Indian Economy.
They used to acquire raw material from Indian 
people at lower rates and sell refined goods at 
superior rates.
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2.Before Independence
Dadabhai Naoroji’s drain 
theory highlighted the genuine 
scenario of the Indian 
Economy in British reign.
As per drain theory, Briton 
looted more than 200-300 
million pounds of India's 
revenue to Briton.
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3. After Independence
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This phase of Indian Economy can be further 
categorized as-
I. 1947-1991
II. 1991LPG 
III. Current
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I. 1947-1991
 After Independence new Indian 
government has to deal with 
many problems such as-
Poverty
State collusion newyorker.com
Policy-making, Etc.
 Indian Economy policies were 
communalists during this year. timesofindia.indiatimes.com
II.1991-LPG 
In the year 1991, India adopted the LPG 
policy.
Indian Economy obscurantism focuses on 
Privatization to build a sturdy economy.
  
L- Liberalization 
P- Privatization
G-Globalization
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Modern Indian Economy
•Presently, the Indian Economy is the 
6th whopping wide-reaching 
Economy.
• Vision is to make it 3rd whopping 
economy in the upcoming year.  timesofindia.indiatimes.com
•Presently, the Indian Economy is 
relying 60% on services i.e. Tertiary 
sector.
•40% on Primary and Secondary 
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subdivision.