Choose the correct answer about Congress party which declared that socialist pattern of society was its goal ?

Correct option is B

The Indian National Congress officially declared that the "Socialist Pattern of Society" was its goal at the Aawdi Session (Madras) in 1955.

• The Aawdi Resolution (1955) aimed at establishing a socialist economy in India through state control over key industries.
• This led to the adoption of the Second Five-Year Plan (1956-1961), which emphasized heavy industries and a public sector-driven economy.

Information Booster:

1. The Aawdi Resolution marked the shift towards socialism under Jawaharlal Nehru.
2. The Industrial Policy Resolution of 1956 was framed based on this approach.
3. This led to the expansion of Public Sector Enterprises (PSUs) like BHEL, ONGC, SAIL.
4. It reinforced the Mahalanobis Model of economic planning.
5. It paved the way for land reforms and cooperative movements.
6. This socialist shift later led to bank nationalization under Indira Gandhi (1969).