The book Planning Economy for India was written by (A) V. K. R. V. Rao (B) M. Visvesvaraya (C) K. N. Raj (D) Manmohan Singh

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Points to Remember:

  • The question requires identifying the author of the book “Planning Economy for India.”
  • The approach is purely factual; it requires recalling the author’s name.

Introduction:

The question pertains to the authorship of the influential book “Planning Economy for India.” This book, likely published during or around the period of India’s five-year plans, would have significantly contributed to the discourse on economic planning and development in the nation. Correctly identifying the author requires knowledge of Indian economic history and prominent economists of that era.

Body:

Identifying the Author:

The correct answer is (A) V. K. R. V. Rao. V. K. R. V. Rao was a highly influential Indian economist who played a significant role in shaping India’s economic policies, particularly during the early years of its independence. He was a member of the Planning Commission and contributed extensively to the theoretical and practical aspects of economic planning in India. His work significantly impacted the design and implementation of India’s five-year plans.

Options (B), (C), and (D) are incorrect. While M. Visvesvaraya (B) was a renowned engineer and statesman, K. N. Raj (C) a distinguished economist, and Manmohan Singh (D) a former Prime Minister and economist, none of them authored “Planning Economy for India.” Their contributions to Indian economics are significant in their own right, but they are not associated with this specific book.

Conclusion:

In summary, V. K. R. V. Rao is the author of “Planning Economy for India.” This factual answer highlights the importance of understanding the contributions of key figures in shaping India’s economic policies. While other economists like K. N. Raj and Manmohan Singh made significant contributions to India’s economic development, their expertise lay in different areas. Further research into the works of V. K. R. V. Rao would provide a deeper understanding of the economic planning strategies adopted in India’s early years of independence. A continued focus on understanding the historical context of economic policies is crucial for informed decision-making in the present and future, ensuring sustainable and equitable growth in line with India’s constitutional values.

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