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Q.Explain any two major differences between the First Five Year Plan and the Second Five Year Plan.

(OR)
Explain the circumstances that led to the accession of Hyderabad to India in 1948.
CBSECBSE Class XII Board 2019Subjective· 4mImportance★★★★★
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Part (a): The First Plan prioritised agriculture on the Harrod-Domar model; the Second Plan prioritised heavy industry on the Mahalanobis "big push" model.

Part (b): The Nizam's bid for independence, a Standstill Agreement, Razakar violence and failed talks led to India's Operation Polo (1948) and Hyderabad's accession.

India's Five Year Plans reflected its evolving economic priorities.

  • Sectoral focus: The First Five Year Plan (1951–56) concentrated on agriculture, irrigation and power — projects like the Bhakra-Nangal Dam — to overcome food scarcity, rehabilitate refugees and stabilise the economy. The Second Five Year Plan (1956–61) shifted decisively to rapid industrialisation, especially heavy industries such as steel and machinery, to build a self-reliant industrial base.
  • Underlying strategy/model: The First Plan was cautious and balanced, drawing on the Harrod-Domar model emphasising savings and steady growth. The Second Plan was ambitious and capital-intensive, built on the Mahalanobis model, which prioritised investment in capital-goods industries — a state-led "big push" — allocating a much larger share of outlay to industry and mining.

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