Who argued that India should 'Hasten slowly' as fast rate of development might endanger democracy"?
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) - K.N. Raj
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.