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During which Plan were the steel plants at Durgapur, Bhilai and Routkela established?
Second Five Year Plan
Third Five Year Plan
Ninth Five Year Plan
First Five Year Plan
1st option is correct. Second Plan (1956–1961) The Second Plan was particularly in 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. The plan attempted to determine the optimal allocation of investment between productive sectors in order to maximise long-run economic growth. Hydroelectric power projects and five steel plants at Bhilai, Durgapur, and Rourkela were established with the help of Russia, Britain (the U.K) and West Germany respectively. Coal production was increased. More railway lines were added in the north east.
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