Economics · Economy

What was the primary approach of the Second Five-Year Plan towards industrialisation in India?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Expansion of the cottage industry so as to create employment opportunities in rural areas
2Focus on mass consumption goods so as to control inflation
3Expansion of the public sector so as to create a base for heavy industries✓
4Focus on infrastructure so as to create employment opportunities in urban areas

Correct answer

Expansion of the public sector so as to create a base for heavy industries

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