The Nehru-Mahalanobis approach, often referred to as the Second Five Year Plan, emphasized the development of basic and heavy industries as a means of accelerating economic growth. These included steel, copper, petrochemicals, paper, coal, and oil.

The Planning Department of Rajasthan was established in July 1953 under the chairmanship of the Chief Minister. The Planning Department of Rajasthan prepares the planned budget, monitors expenditure, budget announcements and centrally sponsored schemes to achieve targeted development in the state.

The correct answer is 1998. Key Points Fourth Industrial Policy of Rajasthan- The fourth Industrial Policy was implemented in Rajasthan on 4 June 1998. The Fourth Industrial Policy was implemented during the tenure of Rajasthan Chief Minister Bhairon Singh Shekhawat. Important Points Rajasthan Industries Department- Establishment- 1949 Headquarters- Jaipur Sixth Industrial Policy of Rajasthan- The Sixth Industrial Policy was implemented in Rajasthan on 8 August 2015. The Sixth Industrial Policy was implemented during the tenure of Rajasthan Chief Minister Vasundhara Raje. Presently the Sixth Industrial Policy is going on in Rajasthan. Share on Whatsapp

District Industries Centre: It is setup by the government of Rajasthan. There are 36 districts working in Rajasthan. There are 8 Industries sub-districts centres. This department caters to the need of Micro, Small, and Medium Enterprises (MSME). These centres work for the development of handloom, textiles, handicrafts, marketing and other work involving their development. Industrial Potential Survey was published by district industries centre. Its headquarters is in Jaipur.

The service sector, also called the tertiary sector contributes most of the GDP in India.

The State of Rajasthan falls in the three Agroclimatic Zones, i.e. Zone–VI -Trans-Gangetic Plains region, Zone–VIII-Central Plateau and Hills region and Zone–Western Dry region.

Rajasthan is a mineral-rich state and has a diversified economy having agriculture, mining and tourism as its main engines of growth.

The total number of notified commercial banks of all types in the state increased to 7685 in December 2020 from 7143 in December 2017.