Evolution Of The India's Economic Development Pattern

After the Indian independence, according to the international background and the domestic condition, mainly carried out the Nehru pattern, this pattern's characters is: the state not only as a regulator but also participating in productive activities directly. This pattern enable India get rid of dependent status in short times, and established independent economic system. In the 1970s, with the international and domestic situation changed, Nehru pattern's flaw also gradually appeared, Indian economy became worse. India according to the situation, carried on the some reform and adjustment to the economic policy, India has formed the mixed economy development pattern. This pattern emphasized government dominant accompanies with market regulation; public sector's development accompanies with private sector's development; the imports substitutions accompany with promote export. This pattern enable Indian economy to get rid of the low speed grew, promoted the economical development. At the end of 1980s, the Indian economy has already walked into the impasse, require strategic adjustment and reform. Additional, globalization further deepening, many countries readjusts the domestic economic policy, opened domestic market gradually to the world, carries out the market economy developmental strategy. India also according to the international and domestic environment, carried on the economic reform, India has successfully changed the economical development pattern. 1991 's economic reform has turned a new page in the history of Indian economic development. Symbolized by "liberalization" , " privation" and " globalization", Transform import substitution to export-oriented strategy, from state over control to market freedom and so on. This pattern greatly promoted economical development, economic situation has been improved rapidly. Three patterns have great influence to India's economic, political and so on. So, we study India's economical development path, analyzes its economic development strategy has the important history and practical significance. This article has analyzed the background of patterns, three kinds of patterns characters, and analyzed its influence to India.