- The Five-Year Plans became the framework for India's economic development strategy for over six decades. - The concept of centralized planning was adopted to guide the allocation of resources and achieve specific socio-economic goals.
Two Annual Plans were implemented for 1990-91 and 1991-92. - 1992-97: This period corresponds to the Eighth Five-Year Plan, which was successfully implemented after the economic reforms were initiated. 66. The era of planned development is said to have begun with which of the following ?
Asked in UPSC CISF AC EXE 2022 · Topic: Planning (Evolution of Planning in India (Five-Year Plans era))
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Answer: D. Five-Year Plan presented by Jawaharlal Nehru in 1951
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