---
title: "Visvesvaraya's Planned Economy for India (1934) — Definition"
description: "Visvesvaraya's Planned Economy for India (1934) outlines a state-directed industrialization strategy aimed at doubling national income in a decade."
url: "https://modeldiplomat.com/learn/glossary/visvesvaraya-planned-economy"
---

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Model Diplomat Research Team · Last reviewed June 22, 2026

TL;DR

- Planned Economy for India is a 1934 book by M.
- Visvesvaraya advocating state-directed industrialisation and a ten-year plan to double national income.
- What was the central proposal of Planned Economy for India?
- How did Visvesvaraya's plan differ from the Gandhian economic model?
- What influence did the book have on India's planning institutions?

[Civil Service & Diplomatic Exams](https://modeldiplomat.com/learn/civil-services/glossary)Updated June 22, 2026

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In 1934, M. Visvesvaraya, the former Diwan of Mysore, published Planned Economy for India, proposing a ten-year plan to double national income and cut agricultural dependence from 70 to 50 per cent.

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