The Forum of Free Enterprise is a non-political organization founded in 1956 by A.D Shroff and was established to educate public opinion in India on free enterprise and a democratic way of life. The Forum publishes booklets to further its objects. The following booklet titled, “Free Enterprise and Freedom,” was published in 1956 and was authored by Muraji J. Vaidya. The author examined the approach of the planning commission in the second five-year plan for the sphere of the private sector. He emphasized the socialistic pattern of society that was adopted by the ruling party. The author highlighted the Planning Commission’s approach in the extension of the Public Sector and the basis of its objective as that for the elimination of concentration of economic power in such hands. The author then focused on the risks which will inherently appear for the democratic stands through this very approach of concentration of powers subjugating into the hands of the governments, politicians, and bureaucrats. Mr. Muraji stressed upon the surer path of democracy to be followed by the planners for maintaining India’s freedom and economic viability. The booklet provided a glimpse into the total development outlay of the Central and the State Governments over the period of the plan under various sectors.