Which of these statements about the Bombay Plan is incorrect?

Question

KollegeApply · Accepted Answer

It supported state ownership of industry. Explanation: The Bombay Plan is the term given to a group of ideas made during World War II for the development of India's post-independence economy. The Bombay Plan" was the name given to a 15-year economic plan for India proposed in January 1944 by a group of entrepreneurs and technocrats. Initially, it was exclusively available for private distribution. In response to the interest produced by the idea, it was soon published as a pamphlet.

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