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Indian Economy (1950-1990) | Class 12 Economics | One-Shot Revision | Board Exam Preparation 📢 Welcome to our one-shot revision video on the Indian Economy (1950-1990)! This period was crucial in shaping India's economic landscape, from adopting planned development to the crisis that led to economic reforms. In this video, we will cover all important topics concisely but comprehensively. Whether you’re preparing for Class 12 Economics board exams or just want a quick revision, this session will help you understand the key economic policies, challenges, and transformations India faced during this period. ⚡ What You’ll Learn in This Video: ✅ Five-Year Plans & Economic Planning ✅ Agriculture Growth & Challenges (Green Revolution) ✅ Industrial Policies & Public Sector Growth ✅ Trade & Foreign Exchange Policies ✅ Economic Crisis of 1990 & Need for Reforms ⏳ Timestamps for Quick Navigation: 📌 00:00 - Introduction A brief overview of the Indian economy from 1950 to 1990 and its significance. 📌 02:15 - Goals of Economic Planning Why India adopted planned development Objectives: Growth, Modernization, Self-Reliance, Equity 📌 05:30 - Five-Year Plans (1951-1990) & Their Impact First Five-Year Plan (1951-1956) – Agriculture & Infrastructure Focus Second Five-Year Plan (1956-1961) – Heavy Industries & Mahalanobis Model Third Five-Year Plan (1961-1966) – Self-Sufficiency & Economic Challenges Green Revolution & Its Impact on Agriculture Fourth & Fifth Plans – Focus on Growth and Poverty Reduction Sixth to Eighth Plans – Pre-Liberalization Challenges 📌 10:45 - Agricultural Development & Green Revolution Land Reforms: Abolition of Zamindari, Tenancy Reforms Green Revolution (1965-1980) – High-Yielding Variety (HYV) Seeds, Irrigation, Fertilizers Impact: Increased Productivity, Regional Disparities, Challenges 📌 14:00 - Industrial Policies & Public Sector Expansion Industrial Policy Resolutions (1956, 1977, 1980) Role of Public Sector Enterprises (PSUs) Small-Scale Industry Promotion Import Substitution & License Raj 📌 17:30 - Trade & Foreign Exchange Policies (1950-1990) Import Substitution Policy Balance of Payments Crisis Protectionist Policies & High Tariffs 📌 20:00 - Economic Crisis of 1990 & Need for Reforms Rising Fiscal Deficit & Foreign Exchange Crisis High Inflation & Stagnant Growth IMF & World Bank Loan Conditions Setting the Stage for 1991 Economic Reforms 📌 23:30 - Key Takeaways & Exam Tips Summary of the Indian economy (1950-1990) Important points for Class 12 Economics board exams Key concepts you must remember for quick revision 📌 25:00 - Conclusion & Next Steps How to approach this topic in exams Recommended books & study resources --- 🎯 Why Watch This Video? ✔️ One-shot full syllabus revision for Class 12 Economics ✔️ Easy-to-understand explanation of complex economic policies ✔️ Board exam-focused approach with key points highlighted 🚀 Prepare smarter, not harder! If you found this video helpful, please LIKE, SHARE, and SUBSCRIBE to our channel for more high-quality Economics revision videos. 📩 Have doubts? Drop them in the comments, and we’ll answer them ASAP! #IndianEconomy #Class12Economics #BoardExamPreparation #EconomicReforms #OneShotRevision #FiveYearPlans #GreenRevolution#ifeainfusion