Pan, Manoj <br/><br/>
Economic transformation  

 - Yojana 
 - 66(1), Jan, 2022: p.35-38 
<br/><br/> India gained independence in 1947 under the tumultuous economic and political conditions. First, the treasury was bankrupt with little or no foreign exchange reserves. Second, the immediate need was to obtain political consensus on inter-state disputes, a new constitution, and a plan for economic development. Third, there was the issue of how to engage in international economic relations with~ the dominant western powers from which India had just gained independence. – Reproduced