First Five Year Plan 1951-1956 was drafted by which economist?

The correct answer is Option (2) → K.N. Raj

The First Five Year Plan (1951-56) was drafted by the economist K.N. Raj (Kakkadan Nandanath Raj), then a young member of the Planning Commission’s staff. The Plan, presented by Jawaharlal Nehru as chairman of the Planning Commission, was built on the Harrod-Domar growth model and gave first place to agriculture, irrigation and power, to recover from the food shortage after Partition. K.N. Raj later founded the Centre for Development Studies at Thiruvananthapuram.