Question
Download Solution PDFWhich Five-year Plan focused on infrastructure development, that is, power and transport?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is First.
Key Points
- The correct answer is option 1, which is the First Five-Year Plan. This plan was launched in 1951 with the aim of boosting the Indian economy after independence.
- The First Five-Year Plan focused on infrastructure development, including power and transport, which were essential for economic growth.
- The plan aimed to increase the availability of electricity and improve transport networks such as roads, railways, and ports.
- The plan also focused on agricultural development, which was the backbone of the Indian economy at that time.
- The government aimed to increase agricultural production and improve irrigation facilities.
- The First Five-Year Plan was based on the Soviet model of planned development, which emphasized state control over the economy.
- The plan was successful in achieving its objectives and laid the foundation for future economic growth in India.
Additional Information
- The Second Five-Year Plan (1956-1961) focused on industrialization and emphasized the development of heavy industries such as steel and machinery.
- The Third Five-Year Plan (1961-1966) aimed to achieve self-sufficiency in food production and increase agricultural productivity.
- The Fourth Five-Year Plan (1969-1974) focused on the removal of poverty and the development of rural areas.
- The Fifth Five-Year Plan (1974-1978) aimed to achieve rapid economic growth and focused on the development of small-scale industries and the expansion of the public sector.
Last updated on Jul 8, 2025
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