Q. Consider the  following statements  about the Second Five-Year Plan :
1.It  was  drafted  under  the  leadership  of K. N. Raj
2.It    proposed    that    industries    like electricity,  railways,  steel,  machineries and communication could be developed in the public sector.
3.The  drafters  found  balancing  industry and agriculture very difficult.
4.The  drafters  found  balancing  industry and agriculture really easy.
Which of the statements given above is/are correct?

Explanation by: Kirti

The   Second   Five-year   plan   was drafted  under  the  leadership  of  P. C.   Mahalanobis. It   focused   on heavy    industries    and    followed socialist  pattern  of  society  as  its goal.Since 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. However it had its   problems   as   well,because industry attracted more investment than  agriculture,  the  possibility  of food shortage became adverse.So, the    planners    found    balancing industry    and    agriculture    really difficult;  while  K.  N.  Raj  drafted sections  of  India’s  first  Five-Year Plan