Correct option is D
The correct answer is (d) Bombay Plan.
‘A Plan of Economic Development for India’ is also known as the Bombay Plan.
The Bombay Plan was formulated by a group of leading industrialists in India in 1944.
Prominent figures involved in the plan included J.R.D. Tata, G.D. Birla, Ardeshir Dalal, and other influential businessmen.
The plan proposed a comprehensive strategy for economic development in India, emphasizing the importance of industrialization.
It recommended state intervention in the economy, with significant investment in infrastructure and heavy industries.
The plan aimed to address issues of poverty, unemployment, and underdevelopment by promoting economic growth and modernization.
The Bombay Plan laid the foundation for many economic policies adopted by India after gaining independence in 1947.