The government of India set up the Planning Commission in 1950 which was assigned the resources of the country and thus formulates a plan. The three major strategies that have been adopted in India since the beginning of the Second Plan are:- 1. Nehru - Mahalanobis Model of Growth A heavy industry model based on the Soviet experience under the guidance of Prime Minister and Prof. P.C. Mahalanobis was developed which continued to be the principal strategy till 1977. The chief features of the heavy industry model were:- It emphasized the rapid development of heavy industry with the aim of creating an industrial base of the economy as also to make it more self reliant into arms father capital goods sector. 2. Gandhian Model of Growth The Gandhian Model did recognise the need for the development of heavy and basic industries and assigned this role for the public sector. Gandhian Model intended to tackle the problem of distribution of income at the production e...