1. According to Subhash Chandra: 'What in India we like to have is a progressive system which will fulfil the social needs of the whole people and will be based on national sentiment. In other words, it will be a synthesis of nationalism and socialism.'

The Socialist parties of India, after the independence became totally evaporated and turned into stools of bourgeois parties. The Communist Party by this period splitted into many, with more and more theories and their dogma on absolute Marxism failed totally. And now they are speaking out of the values of nationalism with socialistic flavour.

2. Subhas Chandra paid maximum importance on industrialization, with the scientific development in agricultural sector, and revive those cottage industries which have had littlest viability. According to him, the industries must be nationalised.

The Indian economy today is at the verge of collapse due to anti-national anti-people policies and succumbed to the terms and dictates of the imperialist powers. Most of the nationalised and public sector undertakings are going to be either closed or sold out to the private hands. In fact, the question of industrialisation of the country depends on MNCs. Process of agricultural development have been stopped and the ruling parties are eager to import foodgrains to please their imperialist masters.