India's Third Five-Year Plan spanned from 1961 to
India's Fourth Plan could not be launched on time due to
Asked in WBCS Main Paper 5 2022 · Topic: Planning (Evolution of Planning in India (Five-Year Plans era))
More Economic Development questions
- The Fourth Five-Year Plan was scheduled to commence in 1966. However, due to severe economic difficulties, a 'Plan Holiday' was declared for the period 1966-1969, during which Annual Plans were implemented instead. The primary reasons for this economic crisis and the subsequent Plan Holiday were the Indo-Pakistan War of 1965, severe drought in 1965-66, leading to food shortages and inflation, and resource constraints. While the Chinese aggression in 1962 occurred during the Third Plan and increased defence spending, the immediate trigger for the Plan Holiday and delay in the Fourth Plan's launch was the 1965 conflict with Pakistan and its aftermath. 87. Which Plan in India is called a plan for managing the transition from a centrally planned economy to a market economy?
- In the past, Planners announced the Plan Holiday for three years. They were as follows:
- Arrange the following in the chronological order: (a) Mahalanobis model (b) Introduction of rolling plan (c) Declaration of plan holiday (d) Inclusive growth strategy Select the answer from the code below:
- Rolling plan covered the period—
- The Eighth Plan was postponed by two years because of
- What was the reason behind the 1966-69 Plan Holiday?
- In which year was the Twelfth Plan completed?
- Integrated Urban Development Project was initiated during _________ five-year plan.