Question
Download Solution PDFWhich of the following goals of the Five-Year Plan is directly related to the people?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Equity.
Key Points
- Equity in the context of the Five-Year Plans refers to reducing inequality in income and wealth distribution.
- It involves providing all citizens with equal opportunities to improve their living standards.
- Equity aims at social justice by focusing on the welfare of the poor and marginalized sections of society.
- Key measures include land reforms, progressive taxation, and social welfare programs to support vulnerable groups.
Additional Information
- Growth:
- Focuses on increasing the country's economic output and overall development.
- Targets sectors like agriculture, industry, and services to boost GDP.
- Modernisation:
- Refers to adopting new technologies and methods to improve productivity and efficiency.
- Includes initiatives in infrastructure development, education, and healthcare.
- Self-reliance:
- Aims to reduce dependence on foreign aid and imports.
- Encourages indigenous production and utilization of local resources.
- Five-Year Plans:
- Were central planning mechanisms for economic and social development in India.
- Formulated by the Planning Commission from 1951 to 2017 before it was replaced by NITI Aayog.
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