- India aims for net-zero emissions by 2070.
- Solar energy capacity is the 4th largest globall
Pre-Independence Era Before British colonial rule, India was a prosperous economy with thriving trade in textiles, spices, and handicrafts. The colonial period (1757–1947) led to deindustrialization, exploitation of resources, and famines, leaving India impoverished at the time of independence. Post-Independence Economic Policies After 1947, India adopted a mixed economy model with a focus on self-reliance (Swadeshi) and state-led industrialization. The Five-Year Plans, inspired by the Soviet model, emphasized heavy industries, agriculture, and public sector dominance. However, by the 1980s, inefficiencies and slow growth necessitated reforms.
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