The Second Five-Year Plan is called 'Industrial Plan' because _______.

heavy and basic industries were given the priority

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agro-based and basic industries were given the priority

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production of raw materials was given the priority

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large number of employments were provided

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Solution

The correct option is D heavy and basic industries were given the priority
The second five-year plan (1951-1956) focused on industrial development.
The target of 25% increase in national income was aimed at rapid industrialisation.
It was based on the Mahalanobis model, which suggested a focus on heavy industries to achieve long-term growth.

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Similar questions

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.

Q. Fill in the blanks from the alternatives given in the brackets.
_________ five year plan gave more importance to heavy and basic industries.

Q. Which Five Year Plan had an objective of Rapid industrialisation with particular emphasis on development of basic and heavy industries?

Q. Jute industry is basically a raw material oriented industry. Justify.

Q. With reference to India's Five-Year Plans, which of the following statements is/are correct?

1. From the Second Five-Year Plan, there was a determined thrust towards substitution of basic and capital good industries.
2. The Fourth Five-Year Plan adopted the objective of correcting the earlier trend of increased concentration of wealth and economic power.
3. In the Fifth Five-Year Plan, for the first time, the financial sector was included as an integral part of the Plan.

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