5) “The Indian economy was in the grip of a massive crisis in many aspects by mid – 1960s, which rapidly changed India’s image from a model developing country to a Basket Case.” Examine the causes of this crisis, its effects and how India managed to come out of this. Also add a critical note on the response of internantional community to this crisis.

Topic: Post-independence consolidation and reorganization within the country. 

5) “The Indian economy was in the grip of a massive crisis in many aspects by mid – 1960s, which rapidly changed India’s image from a model developing country to a Basket Case.” Examine the causes of this crisis, its effects and how India managed to come out of this. Also add a critical note on the response of internantional community to this crisis. (200 Words)

Bipan Chandra, India Since Independence, Chapter 26