Given below are two statements:
Statement I: The Second Five Year Plan stressed on heavy industries.
Statement II: It declared that socialist pattern of society was its goal.
In the light of the above statements, choose the most appropriate answer from the options given below.
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Both Statement I and Statement II are correct
Statement I — Correct. The Second Five Year Plan stressed on heavy industries; it was drafted by a team of economists and planners under the leadership of P. C. Mahalanobis.
Statement II — Correct. Before the plan was finalised, the Congress party at its Avadi session declared that a ‘socialist pattern of society’ was its goal, and this goal was reflected in the Second Plan.
NCERT (2026-27): “Rapid Industrialisation … The Second FYP stressed on heavy industries. It was drafted by a team of economists and planners under the leadership of P. C. Mahalanobis. If the first plan had preached patience, the second wanted to bring about quick structural transformation by making changes simultaneously in all possible directions. Before this plan was finalised, the Congress party at its session held at Avadi near the then Madras city, passed an important resolution. It declared that ‘socialist pattern of society’ was its goal. This was reflected in the Second Plan.…” |