Was The Bombay Plan ill conceived?

Probably! First of all, how many people in India are aware of ‘The Bombay Plan’? It was published in January 1944 and was the brain-child of JRD Tata (Jehangir Ratanji Dadabhoy Tata). The presumption was that the Indian economy could not grow without government intervention and regulation. The Bombay Plan had the underlying assumption that [...]

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