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Post-independence, India adopted a planned approach to build a mixed economy. Which sector was given top priority under the First Five-Year Plan?
Question

Post-independence, India adopted a planned approach to build a mixed economy. Which sector was given top priority under the First Five-Year Plan?

A.

Agriculture

B.

Tertiary

C.

Defence

D.

Industry

Correct option is A


The correct answer is (a) Agriculture
Explanation: • First FYP (1951–56) focused on agriculture & irrigation. • Due to food shortages and need for rural development. • Large investments in dams, irrigation, and land reforms. • Goal: achieve food security and economic stability. • Harrod-Domar model used for plan formulation.
Information Booster: • Major projects: Bhakra-Nangal, Hirakud.
Additional Knowledge: (d) Industry became priority in Second FYP.

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