Politics That Shaped Modern India
Policy formulation has largely been driven by ideology, the latter invariably having a bearing on the former. Yet, taking into account the ground realities of India, every ideology has had to strike a balance between the tenets of market-driven capitalism and the constraints of socialism. At the time of Independence in 1947, India was the most populous nation in the world after China, but with a fairly high level of poverty. Therefore, while formulating policies, policymakers had to bear in mind both growth and development at all times. Policies were fine-tuned according to the economic environment of the time. To India’s credit, almost eight decades after Independence, and notwithstanding the limited impact of certain policies, the nation’s overall growth rate and qualitative transformation have been significant, and something to be proud of.






























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