UPSC Exam  >  UPSC Questions  >  What was the core idea of Sir M. Visvesvaraya... Start Learning for Free
What was the core idea of Sir M. Visvesvaraya's ten-year plan?
  • a)
    To achieve complete self-sufficiency
  • b)
    To double the per capita income in ten years
  • c)
    To establish a socialist economy
  • d)
    To promote large-scale industries
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What was the core idea of Sir M. Visvesvaraya's ten-year plan?a)To ach...
The core idea of Sir M. Visvesvaraya's ten-year plan was to double the per capita income of India in ten years, focusing on economic growth and development.
Free Test
Community Answer
What was the core idea of Sir M. Visvesvaraya's ten-year plan?a)To ach...
Introduction:
Sir M. Visvesvaraya, a prominent Indian engineer and statesman, played a vital role in the economic and industrial development of India during the early 20th century. He formulated a comprehensive ten-year plan aimed at accelerating economic growth and improving the living standards of the people.

Core Idea of Sir M. Visvesvaraya's Ten-Year Plan:
The core idea of Sir M. Visvesvaraya's ten-year plan was to double the per capita income in ten years. This ambitious goal was set with the objective of uplifting the economic conditions of the Indian population and promoting sustained growth.

Reasons behind the Choice:
There were several reasons behind the choice of doubling the per capita income as the core idea of the ten-year plan:

1. Poverty Alleviation: India was grappling with widespread poverty and income disparities. By doubling the per capita income, Sir M. Visvesvaraya aimed to reduce poverty and improve the standard of living for the masses.

2. Economic Development: Increasing the per capita income signifies economic growth and development. It indicates rising wages, increased employment opportunities, and improved productivity, thereby fostering overall economic progress.

3. Human Development: Higher per capita income enables individuals to access better education, healthcare, and basic amenities. It contributes to human development by empowering people and enabling them to lead a fulfilling life.

4. Investment and Consumption: Doubling the per capita income encourages higher investment and consumption levels. Increased income provides individuals with more disposable income, leading to higher savings and investments. This, in turn, stimulates economic growth and industrial expansion.

5. Social Welfare: A higher per capita income allows the government to allocate more resources towards social welfare programs. It enables the implementation of poverty alleviation schemes, healthcare initiatives, and infrastructure development, leading to social progress.

Conclusion:
Sir M. Visvesvaraya's ten-year plan aimed to double the per capita income in India, with the objective of promoting economic growth, poverty reduction, and overall development. This vision was a significant step towards India's economic transformation and laid the foundation for subsequent growth-oriented policies and initiatives.
Explore Courses for UPSC exam

Similar UPSC Doubts

What was the core idea of Sir M. Visvesvaraya's ten-year plan?a)To achieve complete self-sufficiencyb)To double the per capita income in ten yearsc)To establish a socialist economyd)To promote large-scale industriesCorrect answer is option 'B'. Can you explain this answer?
Question Description
What was the core idea of Sir M. Visvesvaraya's ten-year plan?a)To achieve complete self-sufficiencyb)To double the per capita income in ten yearsc)To establish a socialist economyd)To promote large-scale industriesCorrect answer is option 'B'. 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 What was the core idea of Sir M. Visvesvaraya's ten-year plan?a)To achieve complete self-sufficiencyb)To double the per capita income in ten yearsc)To establish a socialist economyd)To promote large-scale industriesCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the core idea of Sir M. Visvesvaraya's ten-year plan?a)To achieve complete self-sufficiencyb)To double the per capita income in ten yearsc)To establish a socialist economyd)To promote large-scale industriesCorrect answer is option 'B'. Can you explain this answer?.
Solutions for What was the core idea of Sir M. Visvesvaraya's ten-year plan?a)To achieve complete self-sufficiencyb)To double the per capita income in ten yearsc)To establish a socialist economyd)To promote large-scale industriesCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of What was the core idea of Sir M. Visvesvaraya's ten-year plan?a)To achieve complete self-sufficiencyb)To double the per capita income in ten yearsc)To establish a socialist economyd)To promote large-scale industriesCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What was the core idea of Sir M. Visvesvaraya's ten-year plan?a)To achieve complete self-sufficiencyb)To double the per capita income in ten yearsc)To establish a socialist economyd)To promote large-scale industriesCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for What was the core idea of Sir M. Visvesvaraya's ten-year plan?a)To achieve complete self-sufficiencyb)To double the per capita income in ten yearsc)To establish a socialist economyd)To promote large-scale industriesCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of What was the core idea of Sir M. Visvesvaraya's ten-year plan?a)To achieve complete self-sufficiencyb)To double the per capita income in ten yearsc)To establish a socialist economyd)To promote large-scale industriesCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What was the core idea of Sir M. Visvesvaraya's ten-year plan?a)To achieve complete self-sufficiencyb)To double the per capita income in ten yearsc)To establish a socialist economyd)To promote large-scale industriesCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam
Do you know? How Toppers prepare for UPSC Exam
With help of the best UPSC teachers & toppers, We have prepared a guide for student who are preparing for UPSC : 15 Steps to clear UPSC Exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Download the FREE EduRev App
Track your progress, build streaks, highlight & save important lessons and more!