Economics · Economic Planning in India
In the context of India's Five-Year Plans, which of the following was a major structural challenge associated with implementing planned economic development?
- 1Shortage of technical and skilled manpower✓
- 2Excessive inflows of foreign direct investment
- 3Sudden decline in urbanization rates
- 4Over-reliance on the private sector in early plans
Correct answer
Shortage of technical and skilled manpower
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