Summary: India, a developing nation, embarked upon its journey of economic development just a decade ago, witnessing significant progress in various sectors like agriculture, industry, infrastructure, and education. The country has seen a notable increase in farm and industrial production, improved health services, increased school enrolment, and a rise in life expectancy. With a focus on self-reliant growth, India aims to enhance its industrial production by 70% by 1966, laying the foundation for future progress. To achieve sustained economic progress, India aims to step up exports, attract foreign aid and investment, and improve financial resources for its Third Plan, with a focus on industries of strategic importance and public utility services. The country is also dedicated to social welfare, including land reforms, resettlement of farm laborers, and ensuring security and minimum land area for tenants. With steady growth in national income and investment, India looks forward to greater self-reliance and prosperity in the years ahead, balancing economic development with social justice and welfare.