The Nehru Mahalanobis Strategy of Development was implemented for the first time by which one of the...........

Indian Polity (NDA) Indian Polity

The Nehru-Mahalanobis Strategy of Development was implemented for the first time by which one of the following Five- Year plans?

First Five-Year Plan

Second Five-Year Plan

Third Five-Year Plan

Seventh Five-Year plan

Explanation:

Nehru-Mahalanobis model was created as an analytical framework for India's Second Five Year Plan in 1955 by appointment of Prime Minister Jawaharlal Nehru, as India felt there was a need to introduce a formal plan model after the First Five Year Plan (1951-1956). This model is known to have set the statistical foundations for state-directed investments and created the intellectual underpinnings of the license-raj through an elaborate input-output model.