discuss role of the indian state in promoting industrialisation after 1947 in 500 words
Answers
Post Independence, Jawaharlal Nehru was aiming towards a long term growth plan. His main aim was to build a self-reliant economy and that’s when Indian planners started to give priority to industrialization. This was the reason why “Nehru-Mahalanobis” model was adopted. The post colonial economic policy was aimed towards making a break from the immediate past and to bring public and economic growth in alignment.
During the second year plan (1956–1961), a higher priority was given to Industrialization. The 2nd year five year plan functioned on the basis of Mahalanobis model. The planning committee of the congress which was chaired by Nehru at the request of Subhash Chandra Bose discussed the model. The Mahalanobis model was propounded by the famous Prasanta Chandra Mahalanobis in the year 1953.