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9.3
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Goals
Independence saw the population grow rapidly and there wasn’t enough food to feed all the people
Goals were to:1. Increase the food production 2. Decrease dependence on foreign imports
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Industrial Growth
Policy Change- Build and use factories to
make once imported goods
Following a period of industrial success the economy slowed
With the help of foreign companies India increased its industrial output
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Outsourcing Impact India remains number one place
for outsourcing ½ outsourcing labor industry
Why? Over a billion people in country
Highly educated, English speaking people
Lower labor costs Advanced cellular and
technological services widely available
Economy continues to increaseOutsourcing to India
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Progress in Agriculture- Slow Start
¾ of Indian population was rural subsistence farmers
After independence- no impact on economy Poor soil and Inefficient farming methods
Economy revolved around farmers selling extra food and buying manufactured goods
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Progress in Agriculture
New irrigation systems were set up to account for unpredictable monsoon seasons Ensured steady
water supply for an entire year
Also ease flooding concerns
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Progress in Agriculture
Land Distribution Small amount of people had most of the
land Government used land reform laws to
redistribute the land limit farm sizes
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Agricultural Progress
Green Revolution-Changes in how to farm New seeds that make
larger harvests Problem is that seeds are
expensive In many areas people
continue to struggle to feed themselves
Green Revolution
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Economy Now
One of the largest budding economies of the world
Indian Economy
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Review Questions:-Write in your Writing Log-1. What goals did the government have
following independence?2. What was the major economic
problem following independence?3. What was viewed as the foundation for
a successful economy?4. Name the 3 areas that were changed
to fix the problem: