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Second five year plan | Economics


  • 1956-61
  • Mahalanobis model ( Plan developed by P.C. Mahalanobis)
  • Industrial development
  • Three steel plants at Bhilai, Durgapur, and Rourkela were established with the help of Russia, Britain  and Germany respectively.
  • The first Industrial Policy Resolution of 1948, was that India was going to have a mixed economy. Mixed economy means  the private and public sectors work hand in hand. In1956, a second Industrial Policy Resolution was adopted in India replacing that of 1948. Therefore mixed economy according to five year plans was opted in Second Five year plan
  • Target growth rate 4.5% achieved 4.3%



Questions
1.Who played a leading role in drafting the Five Year Plan of 1956-61 - Prof. P.C. Mahalanobis (Assistant Professor in Nuclear Medicine 2018)

2.India adopted whose principles for second five year plan - P.C. Mahalanobis  (Clinical Psychologist 2018)

3.രണ്ടാം പഞ്ചവത്സരപദ്ധതി ഊന്നൽ നൽകിയ മേഖല - വ്യവസായം (LGS 2018)

4.In which Five Year Plan India opted for Mixed Economy - Second (Plumber-Kerala Tourism Development Corporation 2018)

5.Which Five Year Plan is known as NEHRU MAHALANOBIS PLAN - Second Five Year Plan (VOCATIONAL INSTRUCTOR IN DAIRYING MILK PRODUCTS 2018)

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