ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Why Criticise the Second Five-Year Plan?

Why Criticise the Second Five-Year Plan?

Deena Khatkhate in his review of K S Krishnaswamy’s book Windows of Opportunity: Memoirs of an Economic Adviser (EPW, 24 July) discusses the pitfalls of the Second and Third Five-Year Plans. As an alumnus of the Indian Statistical Institute, Calcutta, where the important Second Plan was developed, I feel that the criticism is a b

In the name of liberalisation and globalisation it has become fashionable for economic historians to criticise Jawaharlal Nehru, his vision, and the policymakers and institutional builders like P C Mahalanobis whom he supported. The question is how to evaluate the value of the Second Plan today.

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