Political Science · Politics of Planned Development
Consider the following statements about the Bombay Plan (1944): (I) It was drafted by some leading industrialists of India. (II) It strongly supported the idea of planning and state-ownership of industry. (III) It opposed any state intervention in the economy. (IV) It wanted the state to take major initiatives in industrial and economic investments. Which statements are CORRECT?
- 1I, II and IV only✓
- 2I and III only
- 3II, III and IV only
- 4I, II, III and IV
Correct answer
I, II and IV only
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