In which Five Year Plan the objective of 'growth with stability and progressive achievement of self-reliance' was set?

In which Five Year Plan the objective of 'growth with stability and progressive achievement of self-reliance' was set? Correct Answer Fourth Five Year Plan

The correct answer is the Fourth Five Year Plan.

Key Points

  • Fourth Five Year Plan:
    • The Fourth Five-year plan was implemented from 1969 to 1974 in India.
    • It was a plan based on the Ashok Rudra Menon model.
    • The main objective of this scheme was to develop stability and attainment of economic self-reliance.
    • During this plan period, the slogan of Garibi Hatao was given, which was the original slogan of the 1971 general election. 

Additional Information

  • Third Five Year Plan:
    • ​This scheme started on June 1, 1961, and ended in 1966.
    • The plan aimed to make the economy reach a state of economic dynamism.
  • Fifth Five Year Plan:
    • The scheme started on 1 April 1974 and ended on 31 March 1978.
    • The scheme was based on the input-output model.
    • The main objective of this scheme was the eradication of poverty and self-sufficiency.
  • Sixth Five Year Plan​:
    • ​This scheme started on 1 April 1980 and ended on 31 March 1985.
    • The main objective of this plan was poverty prevention, economic development, modernization, self-reliance, and social justice.​

Related Questions

In each question below is given a statement numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement. Statement: The June 2018 quarter results of Infosys reflect that the investors waiting for the company to perform as good, if not better, than its largest peer Tata Consultancy Services (TCS) may have to wait a little longer. Infosys, the country’s second-largest software exporter reported slower sequential growth in revenue and profit than TCS for the June quarter (Q1). It also lagged on the fronts of employee attrition and growth in the banking, financial services, and insurance (BFSI) vertical.  Assumptions: I. On the positive side, Infosys continued to add large clients – four in the above $100-million billing category compared with the previous quarter. It continued to retain guidance of 6-8% revenue growth for FY19 while retaining the operating margin band of 22-24%. II. In the near term, the stock performance of TCS is likely to overshadow Infosys given the difference in their growth trajectories. III. The growth momentum of Infosys has slowed relative to TCS. The year-on-year growth in trailing 12-month (TTM) revenue of Infosys in each of the four quarters up to the June 2018 quarter has lagged TCS after leading in the previous five quarters.