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    What was the approximate overall growth target in India’s First Five-Year Plan?
    Question

    What was the approximate overall growth target in India’s First Five-Year Plan?

    A.

    1.3%

    B.

    2.1%

    C.

    4.2%

    D.

    3.5%

    Correct option is B

    • India's First Five-Year Plan (1951-1956) aimed at accelerating economic growth and improving living standards, with a focus on the agricultural sector, irrigation, and infrastructure.
    • The overall growth target for the economy was 2.1% per year.
    • This modest target was set due to the economic challenges the country was facing post-independence, including limited industrialization, poor infrastructure, and a largely agrarian economy.

    Additional Information:

    • The plan was largely focused on agriculture and irrigation, as India was primarily an agricultural economy at the time.
    • Key sectors targeted included agriculture, transport, and power. The plan's main objective was to increase agricultural productivity and improve the food security situation in the country.

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