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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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