Indian Economic Development: Key Dates and Events

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A comprehensive set of vocabulary and chronological flashcards covering Indian economic development from Chapter 1 to Chapter 8 of the NCERT curriculum.

Last updated 5:24 AM on 5/6/26
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45 Terms

1
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Battle of Plassey

1757 — Marked the beginning of British rule in India.

2
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Railways introduction

1850 — British introduced railways in India.

3
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First railway bridge connecting Bombay and Thane

1854 — The first railway bridge built.

4
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Opening of the Suez Canal

1869 — Significant route for trade expansion.

5
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First official Population Census in India

1881 — First extensive demographic data collection.

6
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Viceroy of British India

1894 — Served as the chief executive of British India.

7
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Incorporation

1907 — Key political and administrative change in India.

8
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Second stage of demographic transition

1921 — Marked significant population changes in India.

9
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Pioneer of Indian Aviation

1932 — Establishment of a key sector in India.

10
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India's Independence

15 August 1947 — Marked the end of British rule.

11
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Architect of Indian planning

1945 — Influential figure in policy-making.

12
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GATT establishment

1948 — Agreement initiated with 23 countries.

13
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Planning Commission

1950 — Set up to guide India's economic planning.

14
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First Five-Year Plan

1951 — First planned development initiative.

15
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Karve Committee

1955 — Focused on village and small-scale industries.

16
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Second Five-Year Plan

1956 — Heavily based on Mahalanobis’ ideas.

17
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Second Industrial Policy Resolution

1956 — Critical industrial reforms adopted.

18
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First Phase of the Green Revolution

Late 1960s to mid-1970s — Significant agricultural advancements.

19
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Second Phase of the Green Revolution

Mid-1970s to mid-1980s — Continued agricultural productivity improvements.

20
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Service sector share in GDP

1990 — Notable growth in economic structure.

21
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New Economic Policy (NEP)

1991 — Introduced in response to an economic crisis.

22
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World Trade Organization (WTO)

1995 — Successor to GATT for global trade.

23
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Government scheme announcement

2014 — Significant policy introduced.

24
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Make in India initiative

2014 — Launched to boost manufacturing.

25
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Demonetisation

8 November 2016 — Withdrawal of ₹500 and ₹1000 notes.

26
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Goods and Services Tax (GST)

1 July 2017 — Unified tax system introduced.

27
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Kothari Commission

1964 — Recommended 6% of GDP for education.

28
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Tapas Majumdar Committee

1999 — Focused on education reform.

29
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86th Amendment Act

2002 — Made education a fundamental right.

30
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Right to Education (RTE) Act

2009 — Enacted enforcing free and compulsory education.

31
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Operation Flood

1970 — Led to a significant increase in milk production.

32
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National Bank for Agriculture and Rural Development

1982 — Established to support rural development.

33
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Horticulture rapid growth period

1991 to 2003 — Expansion of horticulture sector.

34
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Thrift and credit society in Kerala

1995 — Promoted financial inclusion.

35
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e-National Agriculture Market portal

2016 — Launched to encourage agricultural trading.

36
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Mahatma Gandhi National Rural Employment Guarantee Act

2005 — Ensured employment for rural households.

37
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India's estimated workforce

2022-2023 — Predicted workforce strength.

38
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Statutory body establishment

1974 — Formed to regulate specific activities.

39
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Karnataka’s Chipko Movement equivalent

1983 — Local environmental protection effort.

40
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Sustainable development definition report

1987 — Provided official sustainable development guidelines.

41
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International agreement on climate change

1997 — Agreement to combat global warming.

42
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Establishment of the World Health Organization (WHO)

1949 — Key organization for global health initiatives.

43
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Great Leap Forward Campaign

1958 — Initiated significant social and economic changes in China.

44
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Mao's era

1976 — Marked end of a significant political period.

45
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Population control policy in China

1970s — Eff