Economics · Indian Economy
Under the 'Rolling Plan' concept introduced by the Janata Party Government, how were plans assessed and formulated?
- 1The financial allocations were frozen for three years and evaluated only in the final year.
- 2The performance of the plan was assessed every year, and a new plan was created for the subsequent year based on that assessment.✓
- 3The plan objectives were targets that changed automatically based on inflation indices.
- 4The plan was reviewed once every five years with major structural revisions.
Correct answer
The performance of the plan was assessed every year, and a new plan was created for the subsequent year based on that assessment.
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