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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
- Creation of employment, check population growth, and overall human development.
- Primary health facilities, Drinking water & Vaccination in all villages.
- Growth and development of agricultural activities.
- Strengthen the basic infrastructures.
- 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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