Question : Which five-year plan was based on the ideas of Mahalanobis?
Option 1: Fourth five-year plan
Option 2: Third five-year plan
Option 3: First five-year plan
Option 4: Second five-year plan
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Correct Answer: Second five-year plan
Solution : The correct option is the Second five-year plan .
Mahalanobis' approach particularly influenced the second five-year plan (1956–1961). He was an Indian scientist and statistician, and his model emphasised the role of heavy industry in economic development. The plan aimed at rapid industrialisation and infrastructure development, focusing on key sectors such as steel, chemicals, machinery, and power. Mahalanobis' contributions to economic planning in India were significant, and his approach continued to influence subsequent five-year plans in the country.
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