BOMBAY PLAN [PLAN 1]
✓The Bombay Plan was the popular title of ‘A Plan of Economic Development for India’, which was prepared by a cross-section of India’s leading capitalists.
✓The eight capitalists involved in this plan were Purshotamdas Takurdas, J.R.D. Tata, G.D. Birla, Lala Sri Ram, Kasturbhai Lalbhai, A.D. Shrof, Avdeshir Dalal and John Mathai.
✓Out of these eight industrialists, Purshotamdas Takurdas was one among the 15 members of the National Planning Committee (1938); J.R.D. Tata, G.D. Birla and Lala Sri Ram, were members of the sub-committees (29 in total) of the National Planning Committee.
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