Indicative planning was adopted in India during the _____________ Five-Year Plan.

Correct option is C

The correct answer is (c) Eighth
 Indicative planning was adopted in India during the Eighth Five-Year Plan, which covered the period from 1992 to 1997. This shift marked a significant change in India's approach to economic planning.
 Prior to the Eighth Plan, India primarily followed a centralized and directive form of planning, where the government set detailed production targets for different sectors and industries. However, with the onset of economic liberalization in 1991 and the subsequent structural adjustments, there was a need to shift towards a more liberalized and market-friendly economic policy framework.
 Indicative planning under the Eighth Plan implied that the government would no longer seek to control the economy through strict directives. Instead, it would set broad strategic goals and indicate priorities to guide the market through policy and infrastructural support. This form of planning aimed to encourage greater participation from the private sector and was aligned with the broader economic reforms initiated during that period, focusing on efficiency, globalization, and market-driven growth.