alleryStart learning →Which economist criticised Second Plan deficit financing for heavy industry?
AB.R. Shenoy
BAmartya Sen
CV. K. R. V. Rao
DJagdish Bhagwati
Answer & Solution
Correct answer: A. B.R. Shenoy
Shenoy, a classical liberal economist, warned that deficit financing for heavy industrialisation was a recipe for trouble.
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