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PSIR Optional PYQ Solutions · Model answer

Comment: Impact of disinvestment and privatization on planning in India.

  • UPSC 2001
  • 20 marks
  • Planning and Economic Development

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Nehruvian planning worked through the public sector: P. C. Mahalanobis's heavy-industry strategy and the Industrial Policy Resolution of 1956 reserved 17 industries for the state, so Plan targets became public investments. Disinvestment (selling government equity) and privatisation (handing over management control) therefore changed what planning could do. They did not end state direction of the…

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What the full answer covers

  • How the state withdrew
  • What it did to planning
  • The counter-view: planning changed form
  • Conclusion
PSIR Optional PYQ Solutions

PSIR Optional PYQ Solutions

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