Economics · Economy
The term 'Indicative Planning' is most closely associated with which phase of India's Five-Year Plans?
- 1The Eighth Plan (1992-1997) onwards, following the Liberalisation Reforms of 1991✓
- 2The first 20 years post-independence (1951-1971)
- 3The period of Annual Plans (1966-1969)
- 4The Second Plan (1956-1961), with its focus on heavy industry
Correct answer
The Eighth Plan (1992-1997) onwards, following the Liberalisation Reforms of 1991
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