Indian Economy·Policy Reforms

Basic Economic Concepts — Policy Reforms

Constitution VerifiedUPSC Verified
Version 1Updated 5 Mar 2026
EntryYearDescriptionImpact
44th Amendment1978Removed the right to property from fundamental rights and made it a constitutional right under Article 300A, significantly impacting economic policy formulation and land acquisition proceduresEnabled greater government intervention in economic activities and land reforms while maintaining basic property protection, influencing India's mixed economy model
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