Politics of planned development
Mizoram Board · Class 12 · Political Science
Flashcards for Politics of planned development — Mizoram Board Class 12 Political Science. Quick Q&A cards covering key concepts, definitions, and formulas.
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Get startedWhat is the main conflict highlighted in the Orissa steel plant case study?
Answer
The conflict involves multiple stakeholders with different interests: the state government wants industrial investment and employment; tribal populations fear displacement from their homes and livelih…
Define 'Left' and 'Right' in political terms regarding economic policy.
Answer
Left refers to those who favor state control of the economy and prefer state regulation over free competition. Right refers to those who believe that free competition and market economy alone ensure p…
What two models of development were available to India on the eve of Independence?
Answer
1. The liberal-capitalist model as practiced in much of Europe and the US 2. The socialist model as practiced in the USSR Most Indian leaders, including Nehru, were more impressed by the Soviet model,…
When and how was the Planning Commission established?
Answer
The Planning Commission was established in March 1950 by a simple resolution of the Government of India. It was not created by the Constitution but had an advisory role, with its recommendations becom…
What was the Bombay Plan and why is it significant?
Answer
The Bombay Plan was a joint proposal drafted in 1944 by a section of big industrialists for setting up a planned economy in India. It wanted the state to take major initiatives in industrial and econo…
What is the difference between 'plan' and 'non-plan' budget?
Answer
'Non-plan' budget is spent on routine items on a yearly basis, while 'plan' budget is spent on a five-year basis as per the priorities fixed by the Five Year Plan. This division allowed the government…
What were the main features and focus of the First Five Year Plan (1951-1956)?
Answer
The First Five Year Plan focused on getting the country's economy out of the cycle of poverty. It mainly addressed the agrarian sector, including investment in dams and irrigation. It emphasized land …
Who was P.C. Mahalanobis and what was his contribution?
Answer
P.C. Mahalanobis (1893-1972) was a scientist and statistician of international repute, founder of the Indian Statistical Institute (1931). He was the architect of the Second Five Year Plan and support…
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