How was the economic development of India visualised in the early decades after Independence?

The primary concern of the government after independence was to promote development and push its massive population out of poverty. This was done as follows:

a) The government was determined to develop a strong industrial and technical base for the country. In accordance with this ideal, they established the Planning Commission. It was a body to help design and execute the industrial policy of the country.

b) The government decided to adopt a MIXED ECONOMY, where the State and private sector shared the burden of industrial development and job generation. The Planning Commission was authorised to raw out precise plans to provide balance between regions and states.

c) The Second Five Year Plan, launched in 1956, laid extreme stress on development of heavy industries and building dams. The State shouldered the responsibility of furthering economic advantage in the aforementioned areas.