Match List I with List II

Choose the correct answer from the options given below:

A-II, B-IV, C-I, D-III

The correct answer is Option (4) - A-II, B-IV, C-I, D-III

Explanation:

K.N. Raj (Kakkadan Nandanath Rajan), a young economist involved in drafting the first five year plan, argued that India should ‘hasten slowly’ for the first two decades as a fast rate of development might endanger democracy. The plan was based on the Harrod-Domar model.

Many thought that the Second Plan lacked an agrarian strategy for development, and the emphasis on industry caused agriculture and rural India to suffer. Gandhian economists like J. C. Kumarappa proposed an alternative blueprint that put greater emphasis on rural industrialisation.

The White Revolution in Gujarat was started by ‘Verghese Kurien’ known as the 'Milkman of India' to launch Gujarat Cooperative Milk and Marketing Federation Ltd., which further launched ‘Amul. Amul is a dairy cooperative movement based in the ‘Anand’ town of Gujarat to become a uniquely appropriate model for rural development and poverty alleviation.

P.C. Mahalanobis (1893-1972) was an esteemed scientist and statistician of international renown. He founded the Indian Statistical Institute in 1931. Mahalanobis played a key role as the architect of India's Second Five-Year Plan.This FYP stressed on heavy industries. He advocated for rapid industrialization and emphasized the active involvement of the public sector in driving economic development. He championed the importance of industrialization as a means to propel India's progress and transformation. Mahalanobis’ contributions showcased his vision for a robust public sector and its pivotal role in India's developmental journey.

P.C. Mahalanobis (1893-1972) was an esteemed scientist and statistician of international renown. He founded the Indian Statistical Institute in 1931. Mahalanobis played a key role as the architect of India's Second Five-Year Plan.This FYP stressed on heavy industries. He advocated for rapid industrialization and emphasized the active involvement of the public sector in driving economic development. He championed the importance of industrialization as a means to propel India's progress and transformation. Mahalanobis’ contributions showcased his vision for a robust public sector and its pivotal role in India's developmental journey.