GK
INDIAN ECONOMY
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Question
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The focus of Second Five Year Plan on
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Industry
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Agriculture
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Education
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Reduction of Poverty
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Explanation:
Detailed explanation-1: -The main objectives of the Second Plan are an increase of 25 per cent in real national income over the five-year period 1956–57 to 1960–61; a large expansion of employment opportunities; rapid industrialization; and reduction of economic inequalities.
Detailed explanation-2: -Second plan was in action from the year 1956 to 1961. The Second Plan was particularly in the development of the public sector and “rapid industrialisation". The architect of the second plan and supporter of rapid was P. C. Mahalanobis. This plan focused on development of heavy industries.
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