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REVIEW ARTICLE
A SHORT HISTORY OF INDIA’S ECONOMY: PRE- AND POST-INDEPENDENCE PERIOD
1
Commerce, Delhi School of Economics, University of Delhi, India
Submission date: 2020-07-23
Final revision date: 2020-10-20
Acceptance date: 2020-10-21
Publication date: 2020-12-17
Corresponding author
Economic and Regional Studies 2020;13(4):388-406
KEYWORDS
TOPICS
ABSTRACT
India is one of the most populated countries in the world and was famously known as the golden
bird. It was known for its rich cultural heritage and some of the world’s most significant educational
institutions. Over the countless decades and centuries, the invaders exploited the resources for their
advantage. At the decline of the independence in 1947, it was left backward with one of the poorest
economies of the world of that time. The richness of erstwhile India, the status of the golden bird, the
sacred intellectual space that India occupied has only textual value for the present generation. Through
this academic paper, an attempt has been made to address the following questions: what was the state of the economy of India during the pre- and post-independence period, how has India transformed herself from one of the most impoverished economies in 1947 to currently the third-largest economy in the world, and how is the current economic and non-economic status of India.
PEER REVIEW INFORMATION
Article has been screened for originality
iThenticate
JEL code: A12, B10, B31, E00, N00, P16
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