Development Of India,Pakistan And China – Indian Economy

Development of India,Pakistan and China

 

Development of India,Pakistan and China

 

A. China

 

1. In China adopted development strategy

2. Establishment of Republic of China in 1949

3. China adopted socialist economy (public sector major role)

4. First five year plan introduced in China in 1953

 

1.Great Leap Forward policy (GLF)

 

1. Glf established in 1958 in China

2. It promote industrialisation in rural area

3. Under this program people were encouraged to setup industries in their backyard

4. In rural areas communes where started, people collectively cultivated lands

 

2.Great proletarian cultural revolution

In 1965 ‘Mao’ introduced that great proletarian Cultural Revolution 1966 to 1976, under which students and professionals wear send to work and learn from the countryside

Also Read  Five year plans in India goals and achievements (1950-1990)

 

3.Reforms introduced in 1978 in China (economic reform)

 

Phase 1

1. Agriculture, foreign trade and investment

( development of These areas)

2. Communes lands were divided into small plots  which were allotted to the the in individual

 

Phase 2

Reform where initiate in the industrial sector

 

4.Dual pricing system

Farmers and industrial units were required to buy and sell fixed quantities of inputs and outputs on the basis of prices fixed by the government

 

5.Special economic zones (SEZ)

In order to attract foreign Investors special economic zones were set up

 

B. Pakistan

 

1. After independence Pakistan adopted development strategy

2. Pakistan adopted mixed economy (private and  public)

3. Green revolution in Pakistan in 1953

4. Economic reform in Pakistan in 1988

5. Importance to role of public sector and private  sector

● After independence almost same policy and formulation adopted by India and Pakistan

 

C. India

 

Also Read  Features Problems and Policies Of Agriculture 1950-1990

Already you read all about details of India in previous chapter

Comparative study of India Pakistan and China

 

Demographic indicators

 

A. Population

  • 1st – China
  • 2nd – India
  • 3rd – Pakistan

 

B. Growth rateo f population    

  • China – 0.47%        
  • India – 1.76%         
  • Pakistan – 1.8%

 

C. Density of Population        

  • China – 143              
  • India – 382             
  • Pakistan – 225

 

D. Sex ratio        

  • China – 941&947
  • India – 929&1000
  • Pakistan – 941&947

 

C. Urbanisation

  • China – 51%
  • India – 31.2%
  • Pakistan – 37.2%

 

● Growth indicator (data available in text book)

● Structure of growth (Data available in textbook)

 

Human Development Indicator

 

1. HDI

  • China – 0.752
  • India – 0.640
  • Pakistan – 0.562
Also Read  Economic Reforms 1991 Or New Economic Policy

 

2. Life Expectancy at birth

  • China – 76 years       
  • India – 68.3 years           
  • Pakistan – 66.4 years

 

3. Improved water sources

  • China – 1st 
  • India – 3rd 
  • Pakistan – 2nd

 

4. Improve sanitation

  • China – 1st 
  • India – 3rd 
  • Pakistan – 2nd

 

5. Adults literacy rate

  • China – 94% 
  • India – 62.8%.
  • Pakistan – 55.5%

 

Conclusion: In this article we learn that ‘Development of India,Pakistan and China’. This Article Is Very Important For All students who adopt ‘Indian Economy’ Subject.

 

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