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‘A Plan of Economic Development for India’ is also known as _____________.
Question

‘A Plan of Economic Development for India’ is also known as _____________.

A.

Delhi Plan

B.

Gujarat Plan

C.

Surat Plan

D.

Bombay Plan

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.

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