Answer the question in maximum 50 words. This question carries 05 marks. [MPPSC 2020]
Discuss the role of foreign assistance in economic development of India.
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Role of Foreign Assistance in India’s Economic Development
Foreign assistance has played a crucial role in India’s economic development through various means:
Key Contributions
Illustration: For instance, the Green Revolution in the 1960s was supported by foreign assistance, which transformed India’s agricultural landscape, leading to self-sufficiency in food production.
In conclusion, foreign assistance has been instrumental in shaping India’s economic strategies and enhancing its developmental initiatives.