Nehruvian Economics

Nehruvian Economics, shaped by India's first Prime Minister Jawaharlal Nehru, focused on government-led development. It emphasized heavy public investment to build industries, infrastructure, and education, aiming for self-sufficiency. The approach prioritized planning and control over private enterprise, believing that state-led growth would lad to social progress and reduce inequality. While it aimed to modernize India, critics argue it sometimes resulted in slow economic growth and inefficiencies. Overall, Nehruvian Economics sought to develop India's economy through centralized planning and a focus on public sector expansion to create a stronger, independent nation.