Planning in India

Indian Economy (CDS)

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Indian Economy - Understanding the basics of Indian economic system

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The Mahalanobis Model was an Old Russian model of Economic growth indianized by PC Mahalanobis. As per this model, the main driver of Economic growth was/were to be

Agriculture and Allied activities

Consumer Goods Industry

Services Sector

Heavy industry

Explanation:

Heavy industry

The Industrial Policy Resolution of 1956 was based upon the Mahalanobis Model of growth.
This Model suggested that there should be an emphasis on the heavy industries, which can lead the Indian Economy to a long term higher growth path.

By: Vishal

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