Passage-5 Economic liberalization in India was shaped largely by the economic problems of the government than by the economic priorities of the people or by the long-term development objectives. Thus, there were limitations in conception and design which have been subsequently validated by experience. Jobless growth, persistent poverty and rising inequality have mounted as problems since economic liberalization began. And all these years later, four quiet crises confront the economy; agriculture, infrastructure, industrialization and education as constraints on the country's future prospects. These problems must be resolved if economic growth has to be sustained and transformed into meaningful development.
Which of the following is/are the most rational and logical inference/inferences that can be made from the passage?
Syllabus Connection
NCERT Connection
Ch.5: Human Capital Formation in India
Economics • Class 11 • Class 11 Indian Economic Development
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