Correct option is B
· The correct answer is (b) Third Five Year Plan.
·
· The Third Five-Year Plan (1961–1966) was considered a failure due to several reasons. It aimed for self-reliant economic growth with a focus on agriculture and industry, but it faced multiple challenges, including:
· The Indo-China War in 1962.
· The Indo-Pakistani War in 1965.
· Severe droughts in 1965-66, leading to food shortages.
· These events diverted attention and resources away from the planned economic objectives, leading to its failure.
Information Booster:
· Seventh Five Year Plan (1985–1990):
· Focused on employment generation, productivity, and modern technology.
· First Five Year Plan (1951–1956):
· Aimed at agricultural development and infrastructure, considered successful.
· Sixth Five Year Plan (1980–1985):
· Emphasized poverty reduction and modernization of technology, with significant success.