Economics · Annual Plans
Why could the Eighth Five-Year Plan not be launched as scheduled in 1990, leading to the implementation of the Annual Plans (1990-1992)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Severe nationwide crop failure due to successive multi-year droughts
- 2A unilateral decision by the Planning Commission to completely abandon long-term planning
- 3An abrupt suspension of financial aid from World Bank and IMF
- 4Fast-changing political situation and instability at the Centre✓
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Fast-changing political situation and instability at the Centre
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