Page 1 - 2.Lesson Notes-Planning for Development-181212120311

SAI International School
Session-2020-21
Class- VIII
Subject- History
The India After Independence
Sub Topic : Planning for Development
NOTES

Planning for Planning for Development:
Development (i) Among the major objectives of the new nation, lifting India and
Indians out of poverty and building a modern technical and industrial
base were very strong.

(ii) In 1950, the government set up a Planning Commission to help
design and execute suitable policies for economic development. It was
agreed that India would follow ‘Mixed Economy’ model where both
public and private sectors would co-exist for the economic development
of the nation.

(iii) In 1956, the second five-year plan was formulated which focused
mainly on the development of heavy industries in India such as steel,
and on the building of large dams. These sectors were directly under the
control of the state.

(iv) The Bhilai steel plant of Chhatisgarh came to be seen as an
important sign of development of modern India after Independence.