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Which of the following is/are not correct ? (a) First Five Year Plan — 1951-1956 (b) Third Five Year Plan — 1966-1971 (c) Sixth Five Year Plan — 1980-1985 (d) Tenth Five Year Plan — 2002-2007 Correct answer is

Which of the following is/are not correct ? (a) First Five Year Plan — 1951-1956 (b) Third Five Year Plan — 1966-1971 (c) Sixth Five Year Plan — 1980-1985 (d) Tenth Five Year Plan — 2002-2007 Correct answer is Correct Answer (b) only

The correct answer is (b) only.

Key Points

  • First Five-Year Plan (1951-56)
    • First Five-year Plan was based on the ‘Herrod-Domar Model’.
    • Agriculture was on topmost priority in this plan.
  • Third Five-Year Plan (1961-66):
    • This plan is also called “Gadgil Yojana.”
    • This plan could not achieve its aim of a 5.6% growth rate.
    • Hence, statement B is incorrect.
  • Sixth Five-year Plan (1980-85):
    • The basic objective of this Plan was the removal of poverty.
    • The target growth rate, in this plan, was fixed at 5.2% and it achieved successfully 5.7% of the annual rate of growth.
  • Tenth Five-Year Plan (2002-07):
    • It could not achieve its target of 8% growth of GDP, but it took the economy to a higher trajectory of growth rate at 7.6% as against 5.5% in the 9th Plan.

Additional Information

  • National Planning Committee was set up under the Chairmanship of Jawaharlal Nehru in 1938.
  • The Planning Commission was constituted in India in 1950 as a non-constitutional and advisory corporation.

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