Advanced International Journal for Research

E-ISSN: 3048-7641     Impact Factor: 9.11

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 1 (January-February 2026) Submit your research before last 3 days of February to publish your research paper in the issue of January-February.

India’s Tryst with Development: The Years before Economic Reforms

Author(s) Dr. Manish Kumar
Country India
Abstract India’s pursuit of economic development, the evolution of its vibrant democracy and the consequential impact on its diverse society presents a unique experience in world history in so far as its continued economic flourishing and democratic survival even after seventy-five years is concerned. Indian political and economic evolution differs from the European experience where democracy took root only after these societies had reached a certain level of economic development and a consequent political consciousness with regards to state formation and nationhood had already emerged. In a contrasting development, India adopted universal suffrage soon after independence blending it with an economic development strategy that relied on the heavy hand of the state in the economy. The markets were a given subservient role in the first four decades until the launch of the economic reforms in 1991 when the floodgates of the economy were opened to foreign trade and investment, and domestic liberalization measures adopted.
Keywords Democracy, Socialism, Development, Capitalism, Economics, Politics, Economic Reforms, Democratic Socialism
Field Sociology > Economics
Published In Volume 7, Issue 1, January-February 2026
Published On 2026-02-01

Share this