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Politics Of Planned Development

Question

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Write briefly on the preparation of Five Year Plan and its advantage.

Solution

The Government of India prepares a document that has plan for all its income and expenditure for the next five years. Accordingly the budget of the central and all the state governments is divided into two parts - ‘non-plan budget’ that is spent on routine items on a yearly basis and Plan budget is spent on a five year basis as per the priorities fixed by the plan.

A five year plan has the advantage of permitting the government to focus on the larger period and make long-term intervention in the economy.

Some More Questions From Politics of Planned Development Chapter

Read the following passage and answer the questions below:
“In the early years of Independence, two contradictory tendencies were already well advanced inside the Congress party. On the one hand, the national party executive endorsed socialist principles of state ownership, regulat ion and control over key sectors of the economy in order to improve productivity and at the same time curb economic concentration. On the other hand, the national Congress government pursued liberal economic policies and incentives to private investment that was justified in terms of the sole criterion of achieving maximum increase in production. ” — Francine Frankel

(a) What is the contradiction that the author is talking about ? What would be the political implications of a contradiction like this ?

(b) If the author is correct, why is it that the Congress was pursuing this policy ? Was it related to the nature of the opposition parties ?

(c) Was there also a contradiction between the central leadership of the Congress party and its State level leaders ?

Why did the Orissa government sign Memorandum of Understanding with both international and domestic steel makers ?

What was the fear of the environmentalists about setting up of POSCO plant in Orissa ?

Why does the Central government insist on setting up of industry in the State of Orissa ?

When and why did the Government of India take plan holiday?

Who was PC Mahalanobis ?

Match the following:

Why did the tribals in Orissa were against the setting up of industries?

Which are the various considerations for setting up an industry ?

When and how was Planning Commission in India set up? What is its role?

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