Analyze the major reasons that led the government to adopt planning for the country’s economic development after Independence. Discuss the role of planning in the era of liberalization. Briefly...

Analyze the major reasons that led the government to adopt planning for the country’s economic development after Independence. Discuss the role of planning in the era of liberalization. Briefly explain the fiscal scenario of the 1980s. In the light of this, critically examine the post-1991 fiscal reforms.