Who authored the book, Planned Economy for India?

Question

UnlockIAS · Accepted Answer

Correct — A, M. Visvesvaraya. Sir M. Visvesvaraya, the eminent engineer and former Diwan of Mysore, wrote 'Planned Economy for India' (1934) — one of the earliest Indian blueprints arguing that the country should industrialise through deliberate, decade-by-decade economic planning. The book pushed for a planned shift from an agrarian to an industrial economy and is regarded as a pioneering statement of planned development in India.

Why the other options are wrong — (b) A leading industrialist, but he did not write this book; he was one of the signatories of the later 1944 'Bombay Plan' (A Plan of Economic Development for India), a different document.  (c) Also a top industrialist and a co-signatory of the 1944 Bombay Plan — not the author of 'Planned Economy for India'.  (d) A Congress leader and writer best known for 'The History of the Indian National Congress' — not for this work on economic planning.

Concept: 'Planned Economy for India' (1934) by M. Visvesvaraya was among the first Indian works to advocate state-guided economic planning and rapid industrialisation. It predated the Congress's National Planning Committee (1938) and the 1944 Bombay Plan, marking Visvesvaraya as an early voice for planned development.

State PCS 2018 Q26 — History PYQ with Answer

State PCS 2018 Q26 — History PYQ with Answer