1. First Five Year Plan
  2. Second Five Year Plan
  3. Third Five Year Plan
  4. Fifth Five Year Plan
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1 Answers

Option 3 : Third Five Year Plan

Five Year Plans  Period  Details 

First Five Year Plan 

(Target Growth
: 2.1 %
Actual Growth
3.6 %)

1951-56
  • It achieved the targeted growth rate of 3.6% and the main focus was on agriculture. 
  • It was based on the Harrod-Domar model.
  • The Plan Focused on agriculture, price stability, power and
    transport.

Second Five Year Plan 

(Target Growth:
4.5% Actual
Growth: 4.3%)

1956-61
  • The Plan Focused on rapid industrialization- heavy & basic
    industries . Advocated huge imports through foreign loans. 
  • It was based on the P.C. Mahalanobis Model. 

Third Five Year Plan

(Target
Growth: 5.6%
Actual Growth:
2.8% )

1961-66
  • It was not successful and could not achieve the desired growth rate of 5.6%.
  • This plan is also called ‘Gadgil Yojna’.

Fifth Five Year Plan 

(Target Growth:
4.4% Actual
Growth: 4.8%)

1974-79
  • The final Draft of fifth plan was prepared and launched by D.P. Dhar
  • The main objectives were poverty elimination and attainment of self-reliance. 
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