ASoviet Union
BUnited States
CUnited Kingdom
DGermany
Answer:
A. Soviet Union
Read Explanation:
Progress in Economic Sector
The economic condition of independent India was very pathetic
India accepted the mixed economy consisting of the qualities of capitalist and socialist economies. It gave importance to Public Sector.
The concept of economic planning was borrowed from the Soviet Union.
In 1938, National Planning Committee was formed under the leadership of Jawaharlal Nehru.
The 'Peoples Plan' prepared by the renowned social activist, M.N Roy also helped in shaping India's planning.
The 'Father of Indian planning, M.Visvesvaraia, who authored the famous ‘Planned Economy for India' in 1934
Planning Commission of India came into existence on March 15, 1950, with Jawaharlal Nehru, the then Prime Minister as Chairman and Gulzarilal Nanda as Vice Chairman.
T.T. Krishnamachari and C.D. Desmukh were members of the commission
The Planning Commission adopted the Five Year Plans aiming the economic growth of the nation. The Five Year Plans started in 1951