1. Second Five Year Plan
  2. Eighth Five Year Plan
  3. Sixth Five Year Plan
  4. Ninth Five Year Plan
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Option 2 : Eighth Five Year Plan

The correct answer is Eighth Five Year Plan.

  • Eighth Five Year Plan covers the time span between (1992-1997).
  • The basic objective of the 8th Five Year Plan was human development in various aspects.
  • The major objective of the Eighth Five Year Plan
  1. Creation of employment, check population growth, and overall human development.
  2. Primary health facilities, Drinking water & Vaccination in all villages.
  3. Growth and development of agricultural activities.
  4. Strengthen the basic infrastructures.
  5. It was a transition plan between a centrally planned economy to market-led economy.

  • Plan outlay was Rs 7,98,100 Crores.
  • The total outlay for the public sector was Rs 4,34,100 Crores.
  •  Target Income Growth was 3.8% (Achieved Growth - 4.4%)
  • Inflation was 16.3%
  • The Fiscal Deficit was 8.3%
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