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| PARTICULARS | India | Pakistan | China |
| When was Independence gained? | (India got independence from Britishers in 1947) | (Pakistan got independent from Britishers in 1947) | (People's Republic of China was established in 1949) |
| When were 5 Years Plans Introduced? | 1951 | 1956 | 1953 |
| Economic policy Adopted After Independence | Creating Huge Public Sector | Creating Huge Public Sector | All critical Sectors of Economy came under Govt Control |
| (Govt Set up Huge Large Capital intensive Industries while Private Sector developed small Industries and factories) | (Govt Set up Huge Large Capital intensive Industries while Private Sector developed small Industries and factories) | Govt owned all the land and all the factories and land | |
| Increased Public expenditure on Social Development like New Schools, Colleges, Hospitals | Increased Public expenditure on Social Development like New Schools, Colleges, Hospitals | GLF Campaign(Great Leap Forward Campaign) was launched in 1958 whose aim was to industrialize the economy on a large scale | |
| Agriculture | Agriculture was with Private Sector | Agriculture was with Private Sector | Govt Owned the land, communes were set up in villages where all the people collectively cultivated land |
| Small Farms Owned by Individual Farmers | Small Farms Owned by Individual Farmers | Only 26000 Large communes in whole of China |
NCERT Questions
Question 3
What similar developmental strategies have India and Pakistan followed for their respective developmental paths?
View AnswerThe similar development strategies followed by India and Pakistan for their developmental paths:
- Both India and Pakistan followed the mixed economic structure where both the Private and Public sector contributed
- Public sector had a major roles in both the countries as huge investment was made towards social development
- India and Pakistan both got independence at the same time, India launched its 5 year plan in 1951 while Pakistan launched in 1956.
- Till 1980s, both the countries had similar growth rates and per capita incomes
Other Questions
Question 1
What were the development strategies followed by China for their developmental path?
View AnswerThe development strategies followed by China for their developmental path were:
- It adopted the social economic structure where all the major sectors were under the control of government
- The five year plans were launched in 1953.
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In 1958, government started the Great Leap Forward Campaign to industrialize the economy on a large scale
Govt Owned the land, communes were set up in villages where all the people collectively cultivated land
There were about 26000 Large communes in whole of China - In 1978, reforms were launched in China in agriculture, investment and industrial sector.
