Indian Economy

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Indian Economy - Understanding the basics of Indian economic system

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The Second Five Year Plan laid more stress upon:

agriculture

industrialisation

removing poverty

self-reliance

Explanation:

The Second Plan focused on the development of the public sector and "rapid Industrialisation". The plan followed the Mahalanobis model, an economic development model developed by the Indian statistician Prasanta Chandra Mahalanobis in 1953.

By: Parvesh Mehta

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