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Theme: Social Exclusion and Development

(Vol. 14, Nos. 3 & 4, July-December, 2016) ISSN 0973 – 8444
JRD TATA (1904-93) and India’s Economic Aspirations
N. Benjamin1
1Gokhale Institute of Politics and Economics, Pune 411 004. Email:
Abstract: JRD Tata (1904-1993) was a leading industrialist. When the Government of India announced after independence that it would follow the policy of mixed economy, he was gratified. But later he became disappointed because the policy drifted towards dogmatic socialism which he saw as retarding economic growth. He pleaded for liberalization in economic policies, and he and his friends formulated the Bombay Plan. JRD Tata held that Indian plans were too ambitious and also counter-productive. He was also the father of civil aviation in India, and had advocated control of India’s growing population. Through a review of literature, this article argues that JRD Tata was ahead of his times, as his views can be seen to represent the economic aspirations of today’s India.

Keywords: Socialism, Liberalization, Aviation, Birth Control.

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