question_answer

Distinguish between the economic ideologies of the Congress Party and the Swatantra Party formed in 1959.

Answer:

Difference between the economic ideologies of the Congress Party and the Swatantra Party:

(A) At the Nagpur session in 1959 Congress passed the resolution, which called tor:

(i) Land ceilings.

(ii) Take over the food grains trade by the state.

(iii) Adoption of cooperative farming.

(B) In die same year Swatantra Party was formed with a different ideology as the following:

(i) Government should be less involved in controlling the economy.

(ii) It was not in favour of economic development through centralized economy.

(iii) It believed that prosperity could come only through individual freedom.

(iv) It was in favour of private sector.

(v) It was also opposed to cooperative farming.