The Eighth five year plan was finally launched in ___________ after the initiation of structural adjustment policies.

Correct option is A

The correct answer is (a) 1992.
· The Eighth Five Year Plan of India was launched in 1992, after a period of economic instability that led to the initiation of structural adjustment policies. These policies were introduced in 1991 to liberalize the economy, making the delay of the Eighth Plan necessary.
Information Booster:
· Structural Adjustments: These adjustments included liberalizing trade policies, reducing import tariffs, deregulating domestic markets, and encouraging foreign investments.
· Focus of the Eighth Plan: The plan emphasized modernization of industries, energy conservation, and social sectors like health and education, reflecting a shift towards a more liberal economic framework.
· Economic Reforms: The 1991 economic reforms were pivotal, marking a significant transformation in India's economic policies towards a more market-oriented approach. These reforms were crucial for setting the stage for the policies outlined in the Eighth Five Year Plan.