Economics · Indian Economic History
What was a major criticism leveled against India's economic planning and policy framework during the pre-reform period (1947–1990)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Complete neglect of social welfare programs and primary education
- 2Uncontrolled inflow of foreign direct investment and dominance of multinational corporations
- 3Excessive state regulation, red-tapism, and operational inefficiency in public sector enterprises✓
- 4Lack of focus on agricultural development leading to food insecurity
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Excessive state regulation, red-tapism, and operational inefficiency in public sector enterprises
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