BOMBAY PLAN [PLAN 1]: UPSC Daily Important Topic| 9 March 2022

BOMBAY PLAN [PLAN 1]

✓The Bombay Plan was the popular title of ‘A Plan of Economic Development for India’, which was prepared by a cross-section of India’s leading capitalists.

✓The eight capitalists involved in this plan were Purshotamdas Takurdas, J.R.D. Tata, G.D. Birla, Lala Sri Ram, Kasturbhai Lalbhai, A.D. Shrof, Avdeshir Dalal and John Mathai.

✓Out of these eight industrialists, Purshotamdas Takurdas was one among the 15 members of the National Planning Committee (1938); J.R.D. Tata, G.D. Birla and Lala Sri Ram, were members of the sub-committees (29 in total) of the National Planning Committee.