Politics Of Planned Developments

Which state has steel?

Orissa

What power does planning commission have?

Advisory role

Only become effective when union cabinet implements it

When was NITI aayog made?

1 January 2015

National Institution for Transforming India

Chairman is PM

Vice Chairman if appointed by PM

Think tank of Union Government

Bottom-Up approach

Cooperative federalism

Directive policies of State Policy

) that the citizens, men and women equally, have the right to an adequate means of livelihood ;\

(b) that the ownership and control of the material resources of the community are so distributed as best to subserve the common good; and

(c) that the operation of the economic system does not result in the concentration of wealth and means of production to the common detriment

Who is the first vice chairperson of NITI Aayog?

Arving Panagariya

Growth rate between 1950 -1980

3 -3.5%

Who benefited from Green Revolution?

Land landholders and rich peasants

Moderate growth mainly in wheat production

What was described as having an urban bias?

Three FYP

What was India’s economy?

A mixed one

agriculture, trade and industry were left in private hands.

The state controlled provided industrial infrastructure, regulated trade and made some crucial interventions in agriculture.

When did the proportion of saving in country drop?

1960s-70s

What two models did India have to choose on the eve on independance?

Liberal Capitalist and Socialist model

Where was planning to get popular?

1940s and 50s

Because of The Great Depression

Inter war reconstruction of Japan and Germany

Not a sudden invention

What was the primary task of the government?

Poverty alleviation and social and economic redistribution

What was development?

Becoming more modern like the industrialized countries of the west

Growth, material progress and scientific rationality

Breakdown of traditional social structures and rise of capitalism and liberalism

What did everyone agree on in terms of the economy?

Should be economic and social growth and economic justice

It could not be left to businessmen, industrialists and farmers. Government should play a role in ensuring justice

What is Right?

Free competition. Market economy alone ensrues progress and government should not intervene in economy

What does India sign to encourage foreign capital?

Memorandum of understanding

When did planned economy become popular?

1940s and 50s

Great Depression in Europe, inter-war reconstruction of Japan and Germany and growth of Soviet Union

What is Left?

Those in favor control over the economy and prefer state regulation over free competition

Reason for Plan Holiday 1966

Acute Economic Crisis

What was the Bombay Plan?

1944, Government and Industrialist got together and drafted a proposal for setting up a planned economy

State was to take major initiatives in industrial and economic investments

Who was the head of the Planning Commision?

The Prime Minister, Nehru

Not a sudden invention

What is the Five Year Plan?

The budgets of the central and state government are divided into ‘

non-plan’ budget that is spent on routine item every year and

‘plan’ budget that is spent on a five-year basis as per the priorities

Allowed government to focus of larger picture and long term intervention

First Five Year Plan

K.N. Raj, India should hasten slowly for first two decades to not endanger democracy. Agrarian sector, dams and irrigation. Bhakhra Nangal Dam. Land reforms

Raise level of national income

Savings rose but was hard because total capital stock was low

Agriculture was hardest hit during partition

Land reforms

1951-56

When was the Avadi session of Congress held?

1955

What was the key to the country’s development?

Land Reforms

Who was P.C. Mahalanobis?

Founded of Indian Statistical Institute(1931), architect of second FYP. Supported of rapid Industrialization.

Second Five Year Plan

Stressed on heavy industries.

Fast changes.

Socialist form of government. Imposed tariffs.

Fear of famine.

Had to buy technology from foreign markets with foreign exchange.

electricity, railways, steel, machineries and communication could be developed in the public sector.

Socialist form of Economy

Third Five Year Plan

Urban Bias and criticized putting industry over agriculture

Planning is a way of organizing and utilizing resources to maximum advantage in terms of defined social ends

K.T. Shah

1965-67 famine state

Bihar

Who was the author of Economy Of Permance, part of planning commission?

J.C. Kumarappa, rural industrialization

Who was Chaudhary Charan Singh?

Congress leader broke away to form Bhartiya Lok Dal. Articulated case for keeping agriculture at the center. Rural population not seeing development

What was Shivpalganj?

Advertisement to grow more grain

What was the Green Revolution?

The government gave well off farmers seeds, fertilizers, pesticides and better irrigation at subsidized prices

Gave them guarantee to but the produce

M.S. Swaminathan

Who was the Milkman of India?

Verghese Kurien

What was Operation Flood?

Organized milk farmers

Where did the congress pass it’s resolution of Socialism?

Avadi, Madras