Swami Vivekananda’s concept of Economy for India's Social Progress

Abstract

73 years of being independent, India, Asia’s third largest economy, witnessed several socio-economic changes. After being a colony for 200 years under the British rule, India’s economy transcended to 57 lakh crores from 2.7 lakh crores. Not only that but its foreign exchange rates crossed 300 billion, which further encouraged her to fight all internal needs and external revelation. One of the basic needs for every human and nation at large is food grain production. This aspect doubled over the decades ever since India saw an end to her centuries of bondage. The fiscal year of 2014 saw a record number of 264 Million tonnes in the same. The economy of every nation is highly dependent on its workers. India has more than half of her population working in farmlands and grain fields.