SSC MTS EXAM

Detailed explanation-1: -UPSC Mains. Notes: A committee on village and small scale industries was set up by Planning Commission (now NITI AAYOG) in 1955. So, it is also being called the Village and Small Scale Industries Committee or Karve Committee after its head Dattatreya Gopal Karve.

Detailed explanation-2: -Small scale industrial committee was set up in the year 1955. It was also called a Karve committee. It was named after Dattatreya Gopal Karve who was an Indian economist and professor who contributed to the fields of economics, public administration, and the cooperative movement in India.

Detailed explanation-3: -The Karve Committee is also known as the village and small-scale industries committee was set up in 1955. It was set up to find out the potential of utilizing small scale industry for promoting rural development.

Detailed explanation-4: -Industrial Policy Resolution-1956: It was shaped by the Mahalanobis Model of growth. It suggested that emphasis on heavy industries would lead the economy towards a long-term higher growth path. This was aimed towards laying the foundation of regional equality.