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Questions
What similar developmental strategies have India and Pakistan followed for their respective developmental paths?
Briefly explain any two similar development strategies opted by India and Pakistan for their respective development path.
Solution
India and Pakistan both have followed a similar developmental strategy. The main similarities between the developmental strategies can be summed up as:
i. India and Pakistan both have started their developmental programmes based on economic planning soon after their independence in 1947.
ii. Both the countries relied on the public sector for initiating the process of growth and development.
iii. Both of them have followed the path of mixed economic structure involving the participation of both the state as well as the private sector.
iv. Both of them introduced economic reforms at the same time to strengthen their economies.
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Compare and analyse the following information related to Imports and Exports of the three neighbouring nations:
| Country | Exports from India (in ₹ Crore) |
Imports to India (in ₹ Crore) | ||||
| 2004- 05 | 2018-19 | Annual rate of growth (%) | 2004-05 | 2018-19 | Annual rate of growth (%) | |
| Pakistan | 2,341 | 14,426 | 3.7 | 427 | 3,476 | 5.1 |
| China | 25,232 | 1,17,289 | 2.6 | 31,892 | 4,92,079 | 10.3 |
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| Country | Annual Growth rate of population (2015) |
| India | 1.2% |
| China | 0.5% |
Assertion (A): During 1980's, economic growth rate of Pakistan was more than that of India.
Reason (R): Pakistan followed the path of mixed economic structure with equal participation of the public and the private sector.
