Geography · Economic Geography
The ideological foundation of India's planning strategy shifted most decisively between the 1951 launch of Five-Year Plans and post-1991 reforms in which of the following dimensions?
- 1Socialist welfare redistribution to neoliberal fiscal austerity
- 2State-led import substitution to market-driven globalization and privatization✓
- 3Centralized public-sector dominance to decentralized state-level federalism
- 4Prioritizing agrarian growth to emphasizing service-sector liberalization
Correct answer
State-led import substitution to market-driven globalization and privatization
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