Economics · Five-Year Plans of India
The Mahalanobis Model, which formed the bedrock of the Second Five-Year Plan, shifted the focus of Indian planning towards a specific economic strategy. What was the core tenet of this model regarding the allocation of capital?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Export-led growth strategy focusing on textile and leather
- 2Focus on agricultural productivity to ensure food security
- 3Prioritizing heavy industries and capital goods to achieve self-reliance✓
- 4Massive investment in the services sector to boost employment
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Prioritizing heavy industries and capital goods to achieve self-reliance
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