Failures of Economic Plans in India (14 Causes)
The following points highlight the fourteen major failures of economic plans in India. They are: 1. Stagnant Economy 2. Poverty 3. Unequal Distribution of Income and Assets 4. Increasing Unemployment 5. Abnormal Growth of Population 6. Inflationary Pressure 7. Adverse Balance of Payment and Others. Cause # 1. Stagnant Economy: When India was freed, it has deep marks of stagnation. [...]