Which five year plan saw establishment of steel plants at Durgapur, Bhilai and Rourkela?
Which five year plan saw establishment of steel plants at Durgapur, Bhilai and Rourkela?
The correct option is D Second Five year plan
The Second Five Year Plan accorded top priority to programmed of Industrialisation. Based on the Mahalanobis model, the 2nd plan emphasized the setting up of Basic and Heavy Industries so as to establish a strong base for rapid industrialization, self-reliance, technological development. As per the Industrial Policy Resolution of 1956, Public Sector Steel Plants were established at Rourkela in Odisha, Bhilai in MP and Durgapur in West Bengal. The investment in the public sector was Rs. 870 crores. The Industrial Production Index rose from 139 in 1955-56 to 194 in 1960-61. Almost all the plants which were established in the plan were established in backwardareas.
The Second Five Year Plan accorded top priority to programmed of Industrialisation. Based on the Mahalanobis model, the 2nd plan emphasized the setting up of Basic and Heavy Industries so as to establish a strong base for rapid industrialization, self-reliance, technological development. As per the Industrial Policy Resolution of 1956, Public Sector Steel Plants were established at Rourkela in Odisha, Bhilai in MP and Durgapur in West Bengal. The investment in the public sector was Rs. 870 crores. The Industrial Production Index rose from 139 in 1955-56 to 194 in 1960-61. Almost all the plants which were established in the plan were established in backwardareas.
