The author states that A.D. Shroff's ideas were somewhat at odds with the views of Planning Commission becuase:

A.D. Shroff was in favour of rigid government control over all economic activities

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Shroff had opposed government's decision to devalue Indian rupee

No worries! We‘ve got your back. Try BYJU‘S free classes today!

The hostility of the government to private entrepreneurs was complained against by A.D. Shroff

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Shroff had been critical of the influence of Soviet academicians over India's economic policy

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C The hostility of the government to private entrepreneurs was complained against by A.D. Shroff
The last sentence of the first paragraph, 'Shroff complained against the 'indifference, if not discouragement' with which the state treated entrepreneurs', supports option (c) that the hostility of the government to private entrepreneurs was complained against by A.D Shroff.

Suggest Corrections

Similar questions

Q. 76. The Planning Commission was established in 1950 through a Government resolution to formulate long-term development Plans and to recommend them to the Union Cabinet. In framing its recommendations, the Commission has to act in close understanding and consultation with the ministries of the Central government and the governments of the States. The responsibility for policy decisions and implementation rests with the Central and State governments. Many have regarded and some still regard, that the Indian Plans are modelled on Soviet-type "command" planning. This is true only to the extent that there was considerable emphasis, particularly in the Second and Third Plans, on creation of a heavy industrial base under the auspices of the State. Under the aggressive intellectual leadership of Prof. P.C. Mahalanobis and a few other technical experts of the Commission, this objective was given a pride of place in development planning. Subsequently, as a result of severe difficulties, higher priority was accorded to agriculture. The Industrial policy resolutions of 1948 and 1956 provided the basic framework of industrial development and regulation. The Industrial policy Resolution of 1948 envisaged careful planning and integrated effort and that a progressively increased role will be assumed by the Central and State governments in the process of economic growth and in industrial development in particular, by the public sector within a mixed economy. It demarcated industries between the public and private sectors, providing for exclusive monopoly of the basic and infrastructural industries to the former. The Industrial policy Resolution of 1956 gave priority to development of heavy industries and machine-making industries, expansion of public sector, besides promoting the co-operative sector.
Consider the following assumptions regarding the above passage.
1. The recommendations of Planning Commission is mandatory for Union and State governments.
2. Under industrial policy resolution 1948 both union government and state governments have to take some initiatives for economic growth through public sector undertakings.
3. The industrial policy resolution 1956 has prioritized heavy industries, machine making industries and cooperative sector through public sector undertakings.

Q. 77. The Planning Commission was established in 1950 through a Government resolution to formulate long-term development Plans and to recommend them to the Union Cabinet. In framing its recommendations, the Commission has to act in close understanding and consultation with the ministries of the Central government and the governments of the States. The responsibility for policy decisions and implementation rests with the Central and State governments. Many have regarded and some still regard, that the Indian Plans are modelled on Soviet-type "command" planning. This is true only to the extent that there was considerable emphasis, particularly in the Second and Third Plans, on creation of a heavy industrial base under the auspices of the State. Under the aggressive intellectual leadership of Prof. P.C. Mahalanobis and a few other technical experts of the Commission, this objective was given a pride of place in development planning. Subsequently, as a result of severe difficulties, higher priority was accorded to agriculture. The Industrial policy resolutions of 1948 and 1956 provided the basic framework of industrial development and regulation. The Industrial policy Resolution of 1948 envisaged careful planning and integrated effort and that a progressively increased role will be assumed by the Central and State governments in the process of economic growth and in industrial development in particular, by the public sector within a mixed economy. It demarcated industries between the public and private sectors, providing for exclusive monopoly of the basic and infrastructural industries to the former. The Industrial policy Resolution of 1956 gave priority to development of heavy industries and machine-making industries, expansion of public sector, besides promoting the co-operative sector.
According to the passage what were the characteristics of 'command' planning?
1. Union and state governments were expected to take initiatives for creation of industrial infrastructure.
2. Planning for development became the important agenda.

What was the focus of the economic policies pursued by the colonial government in India? What were the impacts of these policies?

Q. An economy in which economic decisions, regarding production in different sectors, the distribution of products and fixation of prices are taken by private entrepreneurs for the purpose of profit along with no control or pressure of the Government is called _____.

Q. The New Economic Policy (1991) was launched in the background of the following economic indicators:
1. India's foreign exchange reserves had fallen to US$1 billion.
2. The fall of the Soviet Union had deprived India of almost a quarter of its export market.
3. There was negative growth in real GDP.
4. Indian rupee had to be devalued by 45 per cent,

Join BYJU'S Learning Program