State the main arguments in the debate that ensued between industrialisation and agricultural development at the time of the second Five Year Plan.
At the time of 2nd FYP many controversies arose like:
1. 2nd FYP was more concentrated on industries than agriculture or rural India
2. Private public conflicts. After Independence India formed its own development model called mixed economy, where both Private and Public sector played a major role. But there were heated arguments that private sector were given not enough space and the stimulus to grow.
3. Whereas there were some who criticized planners for not providing enough means to public like the public investment including education and health were provided in those regions where private sector was not prepared to go.
4. Besides there were arguments like if government invested more in rural India then the massive agricultural problems would have sorted.