Question:
The Second Five Year Plan was drafted under the leadership of:
The Second Five Year Plan was drafted under the leadership of:
Updated On: Mar 28, 2025
- K.N. Raj
- P.C. Mahalanobis
- J.C. Kumarappa
- P.C. Mahapatra
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The Correct Option is B
Solution and Explanation
The Second Five Year Plan was drafted under the leadership of P.C. Mahalanobis.
Additional Context:
- Prasanta Chandra Mahalanobis was a renowned statistician and founder of Indian Statistical Institute
- His "Mahalanobis Model" emphasized heavy industrialization and import substitution
- Plan period: 1956-1961 (Nehruvian era of planned development)
- Key features: Focus on capital goods industries, establishment of PSUs, 24% allocation to industry
- Laid foundation for India's public sector-led industrial growth
Correct Answer: (2) P.C. Mahalanobis
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