second-five-year-plan-1956---61
- Based on Mahalonobis model
- Initiate and accelerate the process of industrialization
- This plan was successful and achieved the growth rate of 4.1%
- Iron and steel Plants at Bhilai, Durgapur and Rourkela were established during this time.
- Research Institute like Tata Institute of Fundamental Research and Atomic Energy commission of India was established.