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Option 4 : USSR

  • Firstly the Five Year Plan was first launched by Joseph Stalin in Union of Soviet Socialist Republics (USSR) in 1928 during his time as General Secretary.
  • A Five Year Plan is a detailed plan of economic development laid out by the government of a country.
  • The idea was adopted by Jawaharlal Nehru and the Planning Commission in 1950 and presented to the cabinet.
  • After approval, the First Five Year Plan was started in India in 1951.
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