Bombay Plan

  • The Indian government not only proposes to de-nationalise public assets, but it also seeks a larger role for private wealth creators by giving them "as much opportunity" to turn India into AatmaNirbhar Bharat.
  • This completes a circle that began with the Bombay Plan of 1944 which had sought the exact opposite while envisioning a "self-sufficient" India (the concept of AatmaNirbhar Bharat then) after the end of the colonial rule.

About Bombay Plan

  • The Bombay Plan of 1944 proposed "a planned economic development" to "improve the standard of living of the masses"; reduce "disparities of income" and "inequalities" and make India "self-sufficient". ....
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