Introducing the Congress Party election manifesto at the AICC session in Bangalore on 14 July 1951, Nehru had said: Laissez faire is almost a dodo; you know dodo is an extinct bird. So he who thinks in terms of laissez faire, lives in the past which has no meaning today, certainly in India. Therefore, any private enterprise has to be co-ordinated very much to the plan. It must fit into the plan, it must be subjected to certain controls too… Some people talk about nationalisation as if that solves the problem… It is more important that the country’s resources, as they are today, should be
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