Industralization and economic development: an appropriate strategy for the underdevelopped countries

A major lacuna in the growing literature on development economics is that it fails to pinpoint attention on the difficulties faced by most poverty-stricken nations because of a faulty strategy of economic development based on alien models, Dr. Thakur has sought to remove this lacuna and has attempted to chalk out an ideal growth path for over-populated poor nations like India.
His penetrating thesis further shows that faulty planning has aggravated the problems of the poor nations and their present eco nomic conditions call for a general theory of industrialization and economic develop ment which is in harmony with their socio economic problems.

Dr. Thakur has, in this analytical work thrown adequate light on the biological processes of growth and examined the basic patterns of industrialization in developing and developed countries, He has recommended an optimum, integrated strategy of industrialization and economic development for the developing nations. This work, therefore, has not only theoretical significance but also processes operational utility for planners,