Quick Answer: Who Proposed People Plan?

Who proposed Peoples Plan?

M N RoyThe People’s Plan was Authored by M N Roy and drafted by the Post- War Re-Construction Committee of the Indian Federation of Labour.

The object of the Plan is to provide for the satisfaction of the immediate basic needs of the Indian people within a period of ten years..

Who is the father of planning?

Mokshagundam VishweswaraiahFather of Indian Economic Planning is Mokshagundam Vishweswaraiah better known as M. Vishweswaraiah.

Who proposed Bombay Plan?

Known as the Bombay Plan, it was authored by top industrialists such as JRD Tata, GD Birla and Lal Shri Ram. The economists who helped draft the plan were John Mathai (who went on to become the finance minister in Nehru’s cabinet), Ardheshir Dalal, AD Shroff and PS Lokanathan.

Who is the father of India planning?

Visvesvaraya generously agreed and Jawaharlal Nehru was made head of the National Planning Committee.

What are the two models of development?

Answer: Two models of development are the capitalist and socialist models of development, India adopted the elements from both these models together to be known as “Mixed Economy”.

Which is the correct statement for Bombay Plan?

Option A: It was a blueprint for India’s economic future, is incorrect about the Bombay plan. Explanation: Bombay plan was drafted in the year 1944. Its main motive was that states should take initiatives in making industrial and economic investments and help build a planned economy.

What was Bombay Plan and Kerala model?

The basic objectives were a doubling of the (then current) output of the agricultural sector and a five-fold growth in the industrial sector, both within the framework of a 100 billion Rupee (£72b, $18b) investment (of which 44.8% was slated for industry) over 15 years.

Who gave Gandhian plan?

Shriman Narayan AgarwalIn 1944, ‘Gandhian Plan’ was given by Shriman Narayan Agarwal. It emphasised decentralisation, agricultural development, cottage industries etc. In 1945, People’s Plan was given by MN Roy. In 1950, Sarvodaya Plan was given by Jai Prakash Narayan.

Who started Gandhian plan?

Shriman Narayan Aggarwal9. Who started the ‘Gandhian Plan’? Explanation: Gandhian Plan was put forward by Shriman Narayan Aggarwal in 1944; who was the principal of Wardha Commercial College.

Who called the father of Indian planning?

Sir M VisvesvarayaSir M Visvesvaraya, a Bharat Ratna recipient, was an engineer, statesman, and a scholar. He served as the Diwan of Mysore during the period of 1912-1918. In 1934, he published a book titled “Planned Economy in India”, in which he presented a constructive draft of the development of India in next ten years.

Who is the father of five-year plans?

Jawaharlal NehruThe first Indian prime minister, Jawaharlal Nehru, presented the First Five-Year Plan to the Parliament of India and needed urgent attention. The First Five-year Plan was launched in 1951 which mainly focused in the development of the primary sector.

Which is known as Bombay Plan?

“The Bombay Plan” is the nickname of a 15-year economic plan for India proposed by a group of industrialists and technocrats in January 1944. Initially, it was released for private circulation only. Soon afterwards, the plan was published as a pamphlet in response to the interest generated by it.

When was first Five Year Plan started?

19517.2. 4 The first Five-year Plan was launched in 1951 and two subsequent five-year plans were formulated till 1965, when there was a break because of the Indo-Pakistan Conflict.

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