Question
Download Solution PDFWhich five-year plan of India was introduced under the leadership of Indira Gandhi?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFKey Points
- The Fourth Five-Year Plan of India was introduced under the leadership of Indira Gandhi.
- It spanned from 1969 to 1974.
- The main objectives of this plan were growth with stability and progressive achievement of self-reliance.
- During this period, India faced several challenges, including droughts, food shortages, and a significant influx of refugees from East Pakistan (now Bangladesh).
- Key initiatives during this plan included the Green Revolution to increase agricultural productivity and measures to control inflation.
Additional Information
- Indira Gandhi, the first and only woman Prime Minister of India, played a crucial role in shaping India's economic policies during her tenure.
- The Five-Year Plans are a series of centralized and integrated national economic programs, which were modeled after the Soviet Union's planning system.
- The Planning Commission of India was responsible for drafting and implementing these plans until it was replaced by the NITI Aayog in 2015.
- The Fourth Plan also focused on the expansion of the public sector and aimed at reducing inequalities in income and wealth distribution.
Last updated on Jun 30, 2025
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