The strategy of development adopted in …

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Meghna Thapar 5 years, 4 months ago
Economic planning in a country is always guided by definite strategy. In all the five year plans, India adopted its definite strategy for the fulfillment of its objectives. The strategy of planning is also subjected to considerable changes in the entire planning process. It emphasised the industrial sector with an aim of trebling national income and doubling of per capita income within a 15-year period. Under this plan, planning and industrialisation were synonymous. An alternative to the Bombay Plan was given by M. N. Roy in 1944. His plan came to be known as People's Plan.
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