From 1951, till 1989-90, financial outlay totaling Rs. 787,591 crore has been invested in development projects. These huge sums have been distributed among the heads of development like Agriculture and Allied Activities, Energy, industry and Minerals. Transport, Communication. Science, Technology ,and Environment, Irrigation and Flood Control, Rural Development, Special Areas Programmes, Housing and General Economic Services. In the Eighth Plan (1992-97), out of a total outlay Rs. 798,000 crores? investment in the public sector will be Rs. 434,100 crore, while the private and household sectors in various projects will account for the balance. India has, since independence. achieved substantial economic growth through industrial and infrastructural development projects. But, on a worldwide comparison, and when seen against the country's needs. the overall development achieved till date is negligible.
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