The Nehru-Mahalanobis model was a top-down planning model that prioritised investment in heavy industries and aimed at achieving self-sufficiency through import substitution.
Nehru-Mahalanobis planning model was based on the following strategies emphasised are (i) High rate of saving (ii) Preferred a heavy industry (iii) Discouraged import substitution (iv) Safeguard infant industry
Asked in TNPSC CS Prelims 2022 · Topic: Planning (Planning Models and Strategies (e.g., Nehru-Mahalanobis Model))
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