What was the formal name of the Bombay Plan which was published in 1944-45?
What was the formal name of the Bombay Plan which was published in 1944-45? Correct Answer A plan of economic development for India
The correct answer is A plan of economic development for India.
Key Points
- The Bombay Plan of 1944 was set up by a group of leading industrialists in India for the economic development of the country.
- It proposed the importance of state intervention in the development of a nation, especially economically.
- Industrialists like J.R.D Tata, Birla, Purushottam Das Thakurdas, Ardeshir Shroff, Kasturbhai Lalbhai, Ardeshir Dalal, John Matthai, and Lal Shri Ram came together.
- It was a manifesto on the future of the Indian economy post-Independence.
- It was written in two parts and published in 1944 and 1945.
Additional Information
- Recently Sanjay Baru has written a book "The Bombay Plan: Blueprint for Economic Resurgence".
- This book revisits the Bombay Plan to show how it was not only prescient in its approach to development.
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Feb 20, 2025