- The Second Five Year Plan focused on rapid industrialization, with particular emphasis on the development of heavy industries. - This plan aimed at achieving a 'socialist pattern of society' through state control over key sectors. - P. C. Mahalanobis provided the theoretical and statistical foundation for this plan, emphasizing investment in basic and heavy industries.
The Second Five Year Plan that called for the establishment of Socialist pattern of society was commonly referred to as the
Asked in UPSC NDA 1 2015 · Topic: Planning (Planning Models and Strategies (e.g., Nehru-Mahalanobis Model))
More Economic Development questions
- Which one of the following is not a feature of the Nehru-Mahalanobis model of development strategy ?
- The Nehru-Mahalanobis Strategy of Development was implemented for the first time by which one of the following Five-Year Plans?
- The principal component(s) of Nehru-Mahalanobis strategy of economic development was/were 1. Restructuring economic dependency on metropolitan capitalism into independent economic development. 2. Transition from semi-feudal agriculture to capitalist farming. Select the correct answer using the code given below :
- The Nehru-Mahalanobis model was concerned with the :
- 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
- The Second Five Year Plan of India was based on
- The name of Prasanta Chandra Mahalanobis is associated with
- Which of the following is popularly known as Mahalanobis Plan?