Economics · Economic Planning in India
Select the correct statement in the context of India's Five Year Plans (FYP).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The First Five Year Plan was launched in 1947 and four subsequent Five Year Plans were formulated till 1967.
- 2After independence, India launched its Second Five Year Plan in 1952, under socialist influence of its Prime Minister.
- 3The Sixth Five Year Plan could not take off in 1991 due to the fast changing political situation at the Centre.
- 4For the first eight Five Year Plans the emphasis was on a growing public sector with massive investments in basic and heavy industries.✓
Correct answer
For the first eight Five Year Plans the emphasis was on a growing public sector with massive investments in basic and heavy industries.
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