The second Five Year Plan of India was based on:
- Athe Harrod-Domar Model
- Bthe Solow Model
- Cthe Mahalanobis Model
- DMahatma Gandhi's Vision
Solution & Step-by-step Explanation
The Second Five-Year Plan (1956–1961) of India was structured around the economic development model formulated by the famous statistician Prasanta Chandra Mahalanobis. This model heavily prioritized rapid industrialization through public investment in heavy and basic capital goods industries.