Practicing Success

Target Exam

CUET

Subject

Political Science

Chapter

Politics in India Since Independence: Politics of Planned Development

Question:

Read the paragraph and answer the following question:

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 the 'socialist pattern of society was its goal. This was reflected in the Second Plan. The government imposed substantial tariffs on imports in order to protect domestic industries. Such protected environment helped both the public and the private sector industries to grow. As savings and investment were growing in this period, a bulk of these industries like electricity, railways, steel, machineries and communication could be developed in the public sector. Indeed, such push for industrialisation marked a turning point in India's development.

Identify the main flaw of the Second Five Year Plan due to which it led to food shortages?

Options:

Socialist Pattern of Society

Boost to domestic Industries

More investment in industry

Country's saving were low

Correct Answer:

More investment in industry

Explanation:

The correct answer is Option 3- More investment in industry

The Second Five-Year Plan encountered challenges as well. India's technological backwardness necessitated the expenditure of valuable foreign exchange to acquire technology from the global market. Additionally, as industrial investments overshadowed agricultural investments, concerns about potential food shortages arose. Balancing the development of industry and agriculture proved to be a formidable task for Indian planners. The Third Plan did not deviate significantly from the Second Plan. Critics highlighted an apparent "urban bias" in the plan's strategies during this period. Some believed that industry received undue priority over agriculture, while others advocated for a focus on agriculture-related industries rather than heavy industries.