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Q.What similar developmental strategies have India and Pakistan followed for their respective developmental paths ?
Jammu Kashmir JkboseJKBOSE Class 11 (Commerce) 2025Subjective· 4mImportance★★★★★est
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Start your 14-day free trial to unlock the full solution →India and Pakistan both began with centralised planning, a mixed economy, import substitution, and public-sector-led industrialisation, before later shifting toward liberalisation.
India and Pakistan, having emerged from the same colonial economy in 1947, pursued broadly similar developmental strategies for several decades:
- Centralised planning through Five Year Plans: both countries adopted the Soviet-inspired model of formulating multi-year development plans to guide resource allocation (India from 1951; Pakistan also used five-year plans).
- Mixed economy with a dominant public sector: both gave the state a leading role in heavy industry, infrastructure, and key sectors, while allowing a private sector to operate alongside it.
- Import substitution industrialisation: both protected domestic industries from foreign competition through high tariffs and quantitative restrictions, aiming to build self-reliant domestic industry rather than relying on imports.
- Reliance on agriculture and emphasis on land reforms (with mixed success) to raise agricultural productivity, since both economies began as predominantly agrarian. …
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