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Which of the following are the components of the Bombay plan:
1. Rapid industrialisation
2. Decentralized economic structure
3. Agrarian restructuring
Which of these statements is/are correct?
- a)1 and 2 Only
- b)2 and 3 Only
- c)1 and 3 Only
- d)All of them
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which of the following are the components of the Bombay plan: 1. Rapi...
Following were the components of the Bombay plan -
• agrarian restructuring
• Rapid industrialisation
• development of the essential consumer goods
• medium scale, small scale and cottage industries
• state to play an active role
• social welfare The Gandhian plan articulated a decentralized economic structure for India.
This question is part of UPSC exam. View all UPSC courses
Most Upvoted Answer
Which of the following are the components of the Bombay plan: 1. Rapi...
The Bombay Plan was a set of proposals for the post-independence economic development of India. It was drafted by a group of prominent Indian industrialists in 1944. The plan aimed at achieving rapid industrialisation, decentralised economic structure and agrarian restructuring.
Components of the Bombay Plan:
1. Rapid industrialisation:
The Bombay Plan emphasised the need for rapid industrialisation in India. It proposed that the government should encourage private investment in industries such as steel, machinery, textiles, and chemicals. The plan also suggested the establishment of new industries in the country to reduce dependence on imports.
2. Decentralised economic structure:
The Bombay Plan advocated a decentralised economic structure, where the power is distributed among different regions in the country. The plan suggested setting up of small and medium-sized enterprises in rural areas to create employment opportunities and promote economic growth.
3. Agrarian restructuring:
The Bombay Plan proposed agrarian restructuring to increase agricultural productivity and promote rural development. The plan suggested the abolition of the zamindari system and the introduction of land reforms to provide ownership rights to the tillers of the land. It also advocated the establishment of agricultural cooperatives to provide farmers with access to credit, technology, and marketing facilities.
Conclusion:
Thus, the correct statement is that the components of the Bombay Plan are 1 and 3 only. The plan aimed at achieving rapid industrialisation, decentralised economic structure and agrarian restructuring to promote economic growth and development in post-independence India.
Components of the Bombay Plan:
1. Rapid industrialisation:
The Bombay Plan emphasised the need for rapid industrialisation in India. It proposed that the government should encourage private investment in industries such as steel, machinery, textiles, and chemicals. The plan also suggested the establishment of new industries in the country to reduce dependence on imports.
2. Decentralised economic structure:
The Bombay Plan advocated a decentralised economic structure, where the power is distributed among different regions in the country. The plan suggested setting up of small and medium-sized enterprises in rural areas to create employment opportunities and promote economic growth.
3. Agrarian restructuring:
The Bombay Plan proposed agrarian restructuring to increase agricultural productivity and promote rural development. The plan suggested the abolition of the zamindari system and the introduction of land reforms to provide ownership rights to the tillers of the land. It also advocated the establishment of agricultural cooperatives to provide farmers with access to credit, technology, and marketing facilities.
Conclusion:
Thus, the correct statement is that the components of the Bombay Plan are 1 and 3 only. The plan aimed at achieving rapid industrialisation, decentralised economic structure and agrarian restructuring to promote economic growth and development in post-independence India.
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Which of the following are the components of the Bombay plan: 1. Rapid industrialisation2. Decentralized economic structure3. Agrarian restructuringWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'C'. Can you explain this answer?
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Which of the following are the components of the Bombay plan: 1. Rapid industrialisation2. Decentralized economic structure3. Agrarian restructuringWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following are the components of the Bombay plan: 1. Rapid industrialisation2. Decentralized economic structure3. Agrarian restructuringWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following are the components of the Bombay plan: 1. Rapid industrialisation2. Decentralized economic structure3. Agrarian restructuringWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'C'. Can you explain this answer?.
Which of the following are the components of the Bombay plan: 1. Rapid industrialisation2. Decentralized economic structure3. Agrarian restructuringWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following are the components of the Bombay plan: 1. Rapid industrialisation2. Decentralized economic structure3. Agrarian restructuringWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following are the components of the Bombay plan: 1. Rapid industrialisation2. Decentralized economic structure3. Agrarian restructuringWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'C'. Can you explain this answer?.
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