Which Five-year Plan was suspended one year before the time schedule by the Janata Party?

Question

Question

This question was previously asked in

RRB NTPC CBT 2 (Level-5) Official Paper (Held On: 12 June 2022 Shift 2)

Answer 1

The correct answer is Fifth.

When Morar Ji Desai became the First Janta Prime Minister of India on 24 Mar 1977.
The fifth plan was terminated by the Janta Government in 1977-78 and they launched their own sixth plan for the period 1978-83 and called it the” rolling plan”.

Key Points

Fifth Five-Year Plan:

The period of the fifth five-year plan was 1974 to 1978.
The Draft of the fifth plan was prepared and launched by D.P. Dhar in the backdrop of an economic crisis arising out of run-away inflation fuelled by a hike in oil prices and the failure of the Government takeover of the wholesale trade in wheat.
The targeted growth rate was 4.4% but the actual growth achieved was 4.8%
The main Objectives of the fifth five-year plan are:
- The removal of poverty
- Economic Independence

Additional Information