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What was the main objective of the Indian Parliament when it accepted 'the socialist pattern of society' in December 1954?
- a)To promote a purely capitalist economic system
- b)To encourage foreign investment in India
- c)To establish a mixed economy
- d)To abolish private sector businesses
Correct answer is option 'C'. Can you explain this answer?
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What was the main objective of the Indian Parliament when it accepted ...
The Indian Parliament accepted 'the socialist pattern of society' with the objective of establishing a mixed economy, where both the public and private sectors coexisted and complemented each other within the broad framework of national planning.
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What was the main objective of the Indian Parliament when it accepted ...
The main objective of the Indian Parliament when it accepted 'the socialist pattern of society' in December 1954 was to establish a mixed economy for the country. This decision was influenced by several factors, including the prevailing socio-economic conditions in India at that time and the ideological orientation of the ruling government.
Background:
- After gaining independence from British colonial rule in 1947, India faced numerous challenges in terms of poverty, inequality, and underdevelopment.
- The Indian National Congress, which led the freedom struggle, had a strong socialist leaning and advocated for a more equitable society.
Objectives of the Socialist Pattern of Society:
1. Reduction of Poverty and Inequality:
- The acceptance of the socialist pattern of society aimed to address the high levels of poverty and inequality prevalent in India.
- By establishing a mixed economy, the government aimed to ensure a more equitable distribution of wealth and resources.
2. Economic Planning and State Intervention:
- The socialist pattern of society emphasized economic planning and greater state intervention in key sectors of the economy.
- The government aimed to play a proactive role in guiding economic development and ensuring social welfare.
3. Public Sector Dominance:
- Another objective was to promote the growth of the public sector and reduce the dominance of the private sector.
- The government believed that public ownership of key industries and resources would help in achieving the goals of social justice and economic development.
4. Social Welfare Measures:
- The acceptance of the socialist pattern of society was also aimed at promoting social welfare measures.
- This included initiatives such as land reforms, provision of basic amenities, and the establishment of a comprehensive social security system.
Impact and Implementation:
- The acceptance of the socialist pattern of society led to the formulation of various policies and programs to promote economic growth, social welfare, and reduce inequality.
- The government undertook initiatives such as the Five-Year Plans, which focused on industrialization, agriculture, and infrastructure development.
- Public sector enterprises were established in sectors such as steel, coal, oil, and banking.
- Land reforms were implemented to redistribute land to the landless and promote agricultural productivity.
In conclusion, the main objective of the Indian Parliament when it accepted 'the socialist pattern of society' in December 1954 was to establish a mixed economy that aimed to address poverty, inequality, and promote social welfare. The government sought to achieve these objectives through economic planning, state intervention, and the growth of the public sector. These policies and measures were implemented to bring about a more equitable and inclusive society.
Background:
- After gaining independence from British colonial rule in 1947, India faced numerous challenges in terms of poverty, inequality, and underdevelopment.
- The Indian National Congress, which led the freedom struggle, had a strong socialist leaning and advocated for a more equitable society.
Objectives of the Socialist Pattern of Society:
1. Reduction of Poverty and Inequality:
- The acceptance of the socialist pattern of society aimed to address the high levels of poverty and inequality prevalent in India.
- By establishing a mixed economy, the government aimed to ensure a more equitable distribution of wealth and resources.
2. Economic Planning and State Intervention:
- The socialist pattern of society emphasized economic planning and greater state intervention in key sectors of the economy.
- The government aimed to play a proactive role in guiding economic development and ensuring social welfare.
3. Public Sector Dominance:
- Another objective was to promote the growth of the public sector and reduce the dominance of the private sector.
- The government believed that public ownership of key industries and resources would help in achieving the goals of social justice and economic development.
4. Social Welfare Measures:
- The acceptance of the socialist pattern of society was also aimed at promoting social welfare measures.
- This included initiatives such as land reforms, provision of basic amenities, and the establishment of a comprehensive social security system.
Impact and Implementation:
- The acceptance of the socialist pattern of society led to the formulation of various policies and programs to promote economic growth, social welfare, and reduce inequality.
- The government undertook initiatives such as the Five-Year Plans, which focused on industrialization, agriculture, and infrastructure development.
- Public sector enterprises were established in sectors such as steel, coal, oil, and banking.
- Land reforms were implemented to redistribute land to the landless and promote agricultural productivity.
In conclusion, the main objective of the Indian Parliament when it accepted 'the socialist pattern of society' in December 1954 was to establish a mixed economy that aimed to address poverty, inequality, and promote social welfare. The government sought to achieve these objectives through economic planning, state intervention, and the growth of the public sector. These policies and measures were implemented to bring about a more equitable and inclusive society.
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What was the main objective of the Indian Parliament when it accepted 'the socialist pattern of society' in December 1954?a)To promote a purely capitalist economic systemb)To encourage foreign investment in Indiac)To establish a mixed economyd)To abolish private sector businessesCorrect answer is option 'C'. Can you explain this answer?
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What was the main objective of the Indian Parliament when it accepted 'the socialist pattern of society' in December 1954?a)To promote a purely capitalist economic systemb)To encourage foreign investment in Indiac)To establish a mixed economyd)To abolish private sector businessesCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What was the main objective of the Indian Parliament when it accepted 'the socialist pattern of society' in December 1954?a)To promote a purely capitalist economic systemb)To encourage foreign investment in Indiac)To establish a mixed economyd)To abolish private sector businessesCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the main objective of the Indian Parliament when it accepted 'the socialist pattern of society' in December 1954?a)To promote a purely capitalist economic systemb)To encourage foreign investment in Indiac)To establish a mixed economyd)To abolish private sector businessesCorrect answer is option 'C'. Can you explain this answer?.
What was the main objective of the Indian Parliament when it accepted 'the socialist pattern of society' in December 1954?a)To promote a purely capitalist economic systemb)To encourage foreign investment in Indiac)To establish a mixed economyd)To abolish private sector businessesCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What was the main objective of the Indian Parliament when it accepted 'the socialist pattern of society' in December 1954?a)To promote a purely capitalist economic systemb)To encourage foreign investment in Indiac)To establish a mixed economyd)To abolish private sector businessesCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the main objective of the Indian Parliament when it accepted 'the socialist pattern of society' in December 1954?a)To promote a purely capitalist economic systemb)To encourage foreign investment in Indiac)To establish a mixed economyd)To abolish private sector businessesCorrect answer is option 'C'. Can you explain this answer?.
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