Indian economy 1950 TO 1990 | ONE SHOT | Class 12 Economics. 5 Marks fixed. In Easy way | 2024- 2025

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Topics Covered.
0:00 - Introduction
00:30 - Reconstruction of economic system.
01:08 - What is Economic system.
01:28 - Three central problems of an economy.
02:00 - Types of economy.
04:12 - Economic planning.
06:46 - First 5 year plan.
09:08 - Features of agriculture during 1950 to 1990.
11:18 - Land reforms.
15:29 - Green revolution.
20:01 - Phase 2 of Green Revolution.
20:55 - Important effects of green revolution.
21:41 - Industrial development.
23:12 - Industrial policy resolution 1956 (IPR).
25:28 - small scale industries.
27:30 - P.C. Mahalanobis.
28:32 - Foreign trade.

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[Simran_Goel]

Economic planning means utilisation of country resources in different developmental activities according to the national priorities
Planning Commission was set up in 1950 Under the chairmanship pf PM Pandit Jawaharlal Nehru to accelatrate the GDP
It has been replace by the NITI Ayog in 1Jan., 2015
NITI Ayog :- National Institute for transforming india
1st plan :- 1951 to 1956
Last 12th plan :- 2012 to 2017
Long objective which can be achieved in 20 years are known as perspective plans
PC Mahalanabis is known as the architecture of Indian planning

[Difference.Choice]

First five year plan launched in 1951.
Whereas planning Commission formed in March 1950 1st five year plan 1951 to 1956
The five year plan (2012-17) year India s last five year plan

[Anu-mlcx]

Green revolution ( traditional practice were replaced by modern technology

Aim was to maximize output

[Itsdream-re]

Who wants to score 95+ in economics
Just follow our sunil sir ❤❤❤
Lecture was amazing👍
Thankyou SO much sir🤗🤗🤗😊

[Anu-mlcx]

Land reforms

Removal of intermediaries

Regulation of rent

Land ceiling ( limit of land that any one can owned)


Consolidating of land holding ( Ikhathe karna )

Cooperative farming

[nonameff]

Topic which is not covered in vdo is :
Longe term plan objective (GEMS)
G- GROWTH
E- EQUITY
M- MODERNIZATION
S- SELF RELIENCE

[mirchi_yt.]

1st five year plan was comes in 1april1951 to 31th march 1956planning Commission 1950 and last five year plan 2012to1217.

[Anu-mlcx]

Foreign trade

Trade policy : import substitution
a ) tariffs
B) quotas

[sandhyaa.creation]

I have never seen any teacher teaching Indian Economics in this way.
After watching this video I don't think I will forget anything, thank you sir 🙏

You made it so easy to learn.🙂🥲🙏

[Anu-mlcx]

Use of hyv seeds
Chemical fertilizer
Pesticides and insecticides
Scientific farm management
Mechanised means of cultivation

[arprakhar]

Guruji 😊 dhanyawad bahut help karega ye video.

[SayamJain-tg]

Sir iss me growth, modernization, self-reliant, equity wala topic toh padaya hee nhi?? Omit hain kya??

[Anu-mlcx]

Tarrif - taxes
Quota - quantitative restriction

[RonitSatia]

Sir but where are those five steps plan names and you also not tell us the features merits and demerits of economics system

[Anu-mlcx]

Ssi ( small scale industries ) recognized in 1950
Investment- 5lakh
Currently- 10 cr
Labour intensive

Role of ssi
Employment generation
Contribution to exports

[Anu-mlcx]

Benefit of green revolution
Attaining marketable surplus
Benefit to low income groups ( price kam ) hoga kyunki supply bdhegi
Rise in productivity
Advance or buffer stock

[ABHISHEK__]

Sir your lectures are amazing, from couple of months i was studying from other famous commerce youtuber and by the time i got to know about your lectures, i started studying both eco and accounts with you your lectures are amazing the way you taught things is incredible, i wish you more millions of subscribes as you totally deserve it sir 💐✨

[Anu-mlcx]

Pc mahalanobis architect of indian planning

2 nd year five plan
He started journal sankhya
He established the Indian statistical institute

[Anu-mlcx]

1 st 5 year plan 1951

Plan holiday
1966- 67 1967- 88 1968-69

20 years period plan - perspective plan

[Anu-mlcx]

1 st phase of green revolution in mid 60”s to 70”s hyv seeds was induced in limited states
Mid 70”s to mid 80”s hyv seeds introduced in another ( rest of the ) states