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Q120
(NDA-II/2023)
Economy › Basic Concepts & National Income
Official Key
Who among the following is known as the architect of Indian planning ?
Explanation
Prasanta Chandra Mahalanobis (P.C. Mahalanobis) is widely regarded as the architect of Indian planning for his foundational role in shaping the nation's economic strategy after independence. He was a world-renowned statistician and the founder of the Indian Statistical Institute (ISI).
- Second Five-Year Plan: Mahalanobis formulated the Mahalanobis Model, which provided the theoretical framework for the Second Five-Year Plan (1956–1961).
- Industrialization: His model emphasized rapid industrialization with a focus on heavy industries and capital goods to achieve long-term self-reliance.
- Statistical Infrastructure: He was instrumental in establishing the National Sample Survey (NSS) and the Central Statistical Organization (CSO), ensuring that planning was backed by robust data.
In honor of his immense contributions to statistics and economic planning, his birth anniversary (June 29) is celebrated annually as National Statistics Day in India.
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