NCERT Solutions for Class 11 Economics Chapter 2 Indian Economy 1950 1990


Post-independence one of the biggest challenges the Indian leaders and government faced was the state of the Indian Economy. And so they set up the system of the Five Year Plans. In the next four decades, they brought about systematic changes to agriculture, trade, and industry. In significant crop production the following year which ended India’s reliance on grain imports. It is known as Green Revolution. With the increase in production of crops, the old age customs were abolished and the farmers began to adopt new agricultural methods which were instrumental in bringing the change in productivity and it helped reduce unemployment. Indian agriculture witnessed tremendous growth in crop production which made India self-sufficient in food grain production. Still the number of people engaged in agriculture was not reduced in the 40 years. It was 67.5 % of total population in 1950 and the figure stood at 64.9% in 1990.