The Karve committee was formed in ______.
Show answer & explanation
Correct answer: C
Explanation
The Karve Committee, also known as the Village and Small Industries Committee, was an important milestone in the development of the Indian economy.
Key Facts of the Karve Committee (1955)
Composition: It was formed in 1955 by the Planning Commission.
Chairman: Its chairman was Dattatreya Gopal Karve (D.G. Karve).
Objective: The main objective of this committee was to explore the potential of small-scale industries to promote rural development.
Significance: The committee emphasized that small industries generate more employment and help decentralize economic power.