9.3

Goals

Independence saw the population grow rapidly and there wasn’t enough food to feed all the people

Goals were to:1. Increase the food production 2. Decrease dependence on foreign imports

Industrial Growth

Policy Change- Build and use factories to

make once imported goods

Following a period of industrial success the economy slowed

With the help of foreign companies India increased its industrial output

Outsourcing Impact India remains number one place

for outsourcing ½ outsourcing labor industry

Why? Over a billion people in country

Highly educated, English speaking people

Lower labor costs Advanced cellular and

technological services widely available

Economy continues to increaseOutsourcing to India

Progress in Agriculture- Slow Start

¾ of Indian population was rural subsistence farmers

After independence- no impact on economy Poor soil and Inefficient farming methods

Economy revolved around farmers selling extra food and buying manufactured goods

Progress in Agriculture

New irrigation systems were set up to account for unpredictable monsoon seasons Ensured steady

water supply for an entire year

Also ease flooding concerns

Progress in Agriculture

Land Distribution Small amount of people had most of the

land Government used land reform laws to

redistribute the land limit farm sizes

Agricultural Progress

Green Revolution-Changes in how to farm New seeds that make

larger harvests Problem is that seeds are

expensive In many areas people

continue to struggle to feed themselves

Green Revolution

Economy Now

One of the largest budding economies of the world

Indian Economy

Review Questions:-Write in your Writing Log-1. What goals did the government have

following independence?2. What was the major economic

problem following independence?3. What was viewed as the foundation for

a successful economy?4. Name the 3 areas that were changed

to fix the problem: