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The Fourth Five-Year Plan in India is notable for focusing on:
Growth with stability and progressive achievement of self-reliance
Rapid industrialization
Agriculture development only
Poverty alleviation
Growth with stability and progressive achievement of self-reliance
The Fourth Five-Year Plan (1969-1974) was formulated by the Gadgil formula, emphasizing 'Growth with stability and progressive achievement of self-reliance'. It aimed to reduce fluctuations in agricultural production and decrease dependency on foreign aid.
The Fourth Five-Year Plan (1969-1974) was formulated by the Gadgil formula, emphasizing 'Growth with stability and progressive achievement of self-reliance'. It aimed to reduce fluctuations in agricultural production and decrease dependency on foreign aid.
The Planning Commission, which designed this plan, was a non-constitutional, extra-constitutional advisory body established in 1950, later replaced by the NITI Aayog in 2015.
Duration: 1969-1974
Primary Focus: Growth with stability and self-reliance
Known for: Implementation of the Gadgil Formula for central assistance to states
This plan witnessed the Green Revolution's expansion and the nationalization of 14 major Indian commercial banks in 1969.
Option B refers to the Second Five-Year Plan (Mahalanobis Model), which prioritized heavy industries.
Option D (Poverty Alleviation - Garibi Hatao) was the primary slogan of the Fifth Five-Year Plan.
The plan experienced significant challenges due to the influx of refugees from the 1971 Indo-Pak war.
A is correct тАФ The Fourth Five-Year Plan officially aimed for growth with stability and the progressive achievement of self-reliance.
When studying Five-Year Plans, always link the Second Plan to the 'Mahalanobis Model' and industrialization, the Third Plan to the 'Sukhmay Chakravarty model', and the Fifth Plan specifically to the 'Garibi Hatao' slogan.