Economic development of India over the last five decades in unique in several ways.

In an innovative effort the founding fathers adopted the middle course of a mixed economy. The board of Planning Commissions formulation: Formulation of Planning commission Assessment of material Capital & Human Resources. Most effective & balanced utilization

The planning commissions prepare the blue print of the economic plans in consultation with the state and in accordance with the guide line provided by the National Development Council (NDC) which insists of the Prime Minister, Central Cabinet Ministers, Chief Ministers of the States and Member of planning commission.

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The economy of India is the twelfth largest in the world by market exchange rates and the fourth largest in the world by GDP, measured on a purchasing power parity (PPP) basis. The country was under socialist-based policies for an entire generation from the 1950s until the 1980s. The economy was characterized by extensive regulation, protectionism, and public ownership, leading to pervasive corruption and slow growth. Since 1991,continuing economic liberalization has moved the economy towards a market-based system

India ranks second worldwide in farm output. Agriculture accounts for 16.6% of the GDP in 2007, employed 60% of the total workforce. Y ields per unit area of all crops have grown since 1950, due to the special emphasis placed on agriculture in the five-year plans and steady improvements.

Constitution of India has made free and compulsory education to the children of 6-14 years age group a Fundamental Right. Sarva Shiksha Abhiyan (SSA) is Government of India's flagship program with a view to achieve Universalization of Elementary Education (UEE) in a time bound manner. More than 98% of the sampled rural habitations have access to elementary schools within 3 Kms. While 93% of sampled slum children have access to neighborhood schools within 1 Km.