During which five Year plan was phase of heavy industrialization initiated?

A Second five year plan.
B First five year plan
C Third five year plan
D Fourth five year plan

Correct Answer: Second five year plan.

The Second Five-Year plan accorded highest priority to Industrialisation. The plan was based on famous Mahalanobis Model. Mahalanobis model set out the task of establishing basic and capital goods industries on a large scale to create a strong base for the industrial development.
Bissoy MCQ
#General Knowledge #Indian Economy

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