Which of the following are the components of the Bombay plan:1. Rapid ...
Following were the components of the Bombay plan -
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Agrarian restructuring
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Rapid industrialisation
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development of the essential consumer goods
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medium scale, small scale and cottage industries
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state to play an active role
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social welfare The Gandhian plan articulated a decentralized economic structure for India.
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Which of the following are the components of the Bombay plan:1. Rapid ...
The Bombay Plan was a set of proposals for the economic development of India, drafted by a group of influential Indian industrialists in 1944. It aimed to set up a comprehensive plan for India's economic development after independence. The plan was based on three main components:
1. Rapid Industrialisation: The plan emphasised the need for rapid industrialisation of the country to reduce dependence on agriculture and create jobs for the masses. It suggested the establishment of heavy industries such as iron and steel, heavy engineering, chemicals, and machinery. The plan also advocated the development of small-scale industries to generate employment opportunities in rural areas.
2. Decentralised Economic Structure: The plan proposed a decentralised economic structure to ensure equitable distribution of wealth and power. It suggested the creation of regional economic centres to promote balanced regional development.
3. Agrarian Restructuring: The plan called for agrarian restructuring to improve the conditions of the rural poor. It suggested the abolition of intermediaries, tenancy reforms, and the development of irrigation facilities to increase agricultural productivity.
Thus, the correct answer is option 'D' as all three components - Rapid Industrialisation, Decentralised Economic Structure, and Agrarian Restructuring - were part of the Bombay Plan.
Which of the following are the components of the Bombay plan:1. Rapid ...
Answer is C.. decentralized planning is not the objective of the bombay plan
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