The correct answer is option 'D': Capital and basic goods industries.

Explanation:
The Mahalanobis model, also known as the Second Five-Year Plan, was an economic development model introduced in India by the economist Prasanta Chandra Mahalanobis. It emphasized the establishment and development of capital and basic goods industries.

1. **Mahalanobis model and its objectives:**
- The Mahalanobis model was formulated with the objective of achieving rapid industrialization and economic growth in India.
- It aimed to reduce the dependence on foreign imports and promote self-sufficiency in industrial production.
- The model focused on the development of heavy industries, such as steel, machinery, chemicals, and power generation, which are considered capital and basic goods industries.

2. **Importance of capital and basic goods industries:**
- Capital goods industries produce machinery, equipment, and other tools necessary for the production of goods and services in various sectors.
- Basic goods industries produce essential commodities such as steel, cement, chemicals, and power, which are crucial for the development of other industries.
- These industries play a pivotal role in the overall economic development of a country by providing the necessary infrastructure and inputs for other sectors to function efficiently.

3. **Reasons for emphasizing capital and basic goods industries:**
- The Mahalanobis model recognized the importance of developing a strong industrial base to drive economic growth.
- By promoting capital and basic goods industries, the model aimed to create a solid foundation for the growth of other sectors, including consumer goods industries, expert-oriented industries, and agro-based industries.
- These industries not only generate employment opportunities but also contribute to increasing the overall productivity and competitiveness of the economy.

In conclusion, the Mahalanobis model stressed upon the establishment of capital and basic goods industries to foster industrialization and economic growth in India. These industries are considered fundamental for creating a strong industrial base and providing the necessary infrastructure and inputs for the development of other sectors.

Strengthing of infrastructure , building up of capital good , chairman of 2nd F.Y.P. (1956-1961) was "P.C. MAHALANOBIS" That's why this project name is "Mahalanobis Model" emphasized on basic goods & capital goods.