NOTES


IAS Prelims > General Studies > Planning, Unemployment and Poverty in India

Second Plan (1956 − 61)



Ans.
Also called Mahalanobis Plan after its chief architect. Its objective was rapid industrialization. Advocated huge imports which led to emptying of funds leading to foreign loans.
It shifted basic emphasis from agriculture to industry far too soon. During this plan, price level increased by 30%, against a decline of 13% during the First Plan

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Notes of Planning, Unemployment and Poverty in India



  1. Economic Planning in IndiaFive Year Plans in India and Planning Commission(1950)
    see in detail

  2. First Plan (1951 − 56)
    see in detail

  3. Second Plan (1956 − 61)
    see in detail

  4. Third Plan (1961 − 66)
    see in detail

  5. Three Annual Plans (1966 − 69)
    see in detail


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