Correct option is B
The Correct Answer is: (b) Rapid industrialisation
Explanation:
The Second Five-Year Plan (1956–1961) focused primarily on rapid industrialisation. It was based on the Mahalanobis Model, developed by statistician P.C. Mahalanobis,
The Second Five-Year Plan (1956–1961) focused primarily on rapid industrialisation. It was based on the Mahalanobis Model, developed by statistician P.C. Mahalanobis,
which emphasized capital goods and industrial growth as the path to long-term economic development.
The Industrial Policy Resolution of 1956 was enacted during this period.
Information Booster:
• Key Industries: Establishment of Bhilai, Rourkela, and Durgapur steel plants.
• The growth rate targeted for the industrial sector was 7.7% per year.
• Major industries promoted: steel, machine tools, heavy machinery.
• Agriculture was addressed through the Intensive Agricultural District Programme (IADP) but was not the central focus.
• Key Industries: Establishment of Bhilai, Rourkela, and Durgapur steel plants.
• The growth rate targeted for the industrial sector was 7.7% per year.
• Major industries promoted: steel, machine tools, heavy machinery.
• Agriculture was addressed through the Intensive Agricultural District Programme (IADP) but was not the central focus.
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