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

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The differences in economic policy between the Congress and Swatantra Party were:

(i) The Congress wanted to seize land as per eminent domain and redistribute land to landless people. The Swatantra Party was not in favour of such as radical approach to land reforms.

(ii) The Congress relied on State owned enterprises for economic growth while Swatantra Party relied on private enterprises for economic growth.

(iii) The Congress began a system of licence raj and increased intervention of government in private enterprises while the Swatantra party wanted little government intervention in private enterprises.

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