Question
Download Solution PDFThe five-year plans for India with their duration are given below. Which of the following is correctly matched?
(a) | Second five-year plan | 1956-57 to 1960-61 |
(b) | Third five-year plan | 1961-62 to 1965-66 |
(c) | Fourth five-year plan | 1966-67 to 1970-71 |
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Both a and b
Key Points
- Second Five-Year Plan (1956-57 to 1960-61): This plan aimed at rapid industrialization and was based on the Mahalanobis model. Hence, option a is correctly matched.
- Third Five-Year Plan (1961-62 to 1965-66): This plan focused on agriculture and improving production to make India self-sufficient in food grains. Hence, option b is correctly matched.
- Fourth Five-Year Plan (1969-74): It aimed at growth with stability and progressive achievement of self-reliance. Note that the given duration (1966-67 to 1970-71) is incorrect. Hence, option c is not correctly matched.
Additional Information
- Five-Year Plans of India:
- The Five-Year Plans were centralized and integrated national economic programs. The first such plan was launched in 1951, and two subsequent five-year plans were formulated until 1965, when there was a break because of the Indo-Pakistan Conflict. The planning process resumed in 1969, after a gap of three annual plans.
- The plans aimed at growth, modernization, self-reliance, and social justice.
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