Who was architect of Indian Planning?
Show answer & explanation
Correct answer: A
Explanation
- The concept of economic planning in India was adopted after independence.
- Prasanta Chandra Mahalanobis is considered the principal architect of this planning system.
- He presented the renowned Mahalanobis Model for the Second Five-Year Plan.
- This model was based on industrial development and heavy industries.
- His ideas had a profound impact on the Indian planning process.
- He was also a renowned statistician and the founder of the Indian Statistical Institute.