Question
Download Solution PDFThe first seven Five Years Plans gave importance to ______.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Self-Reliance.
Key Points
- The first seven Five Year Plans in India gave importance to self-reliance.
- Self-reliance means avoiding imports of those goods which could be produced in India itself.
- This policy was considered a necessity in order to reduce India's dependence on foreign countries, especially for food.
- The first seven Five Year Plans emphasized the development of the following sectors to achieve self-reliance:
- Agriculture: The plans invested in irrigation projects, dams, and agricultural research to increase food production.
- Industry: The plans focused on the development of heavy industries, such as steel, machinery, and chemicals.
- Infrastructure: The plans invested in roads, railways, ports, and power generation to support economic growth.
- The focus on self-reliance was instrumental in India's economic development during the first few decades after independence.
- The country became self-sufficient in food production and made significant progress in industrialization. However, the policy of import substitution was also criticized for making Indian goods less competitive in the global market.
Last updated on Jul 8, 2025
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