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Which among the following Industrial Policy Resolution/Statement was based upon the Mahalanobis Model of growth?

  1. A
    Industrial Policy Resolution - 1956
  2. B
    Industry Policy Statement - 1973
  3. C
    Industrial Policy Statement - 1977
  4. D
    None of the above

Solution & Step-by-step Explanation

The Industrial Policy Resolution of 1956, often called the economic constitution of India, was directly aligned with the Second Five-Year Plan's Mahalanobis growth strategy. This framework prioritized state ownership and the development of heavy capital goods industries.

Practice this question

Try it yourself before checking the explanation above.

Which among the following Industrial Policy Resolution/Statement was based upon the Mahalanobis Model of growth?
A
Industrial Policy Resolution - 1956
B
Industry Policy Statement - 1973
C
Industrial Policy Statement - 1977
D
None of the above

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Industrial PolicyMahalanobis ModelEconomic History

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