The Raj took a bold step in India last week. Viceroy Lord Wavell named hardheaded, hard-working Sir Ardeshir Dalal, 60, of Bombay's famed House of Tata, to a seat on his Executive Council and the job of postwar industrial planning. Britain had smiled on the ambitious Bombay 15-Year Plan, a proposal to spend $30,000,000,000 in modernizing backward India.
The Plan. This vast scheme is the brainchild of Bombay multimillionaire J.R.D. Tata (TIME, Sept. 14, 1942) and seven fellow industrialists and associates. Their goal: double India's per capita income, triple her national...