Correct option is C
The correct answer is (c) He conceptualised the framework for the Second Five-Year Plan.
• P.C. Mahalanobis is known for conceptualising the framework for the Second Five-Year Plan of India.
• His model, known as the Mahalanobis Model, emphasized the importance of heavy industries for economic development and laid the foundation for India's industrial policy.
Facts to remember:
• P.C. Mahalanobis was a renowned Indian statistician and the founder of the Indian Statistical Institute.
• The Second Five-Year Plan (1956-1961) aimed at rapid industrialization and building a strong industrial base.
• His model played a significant role in shaping India's economic strategy during the early years of planning.