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Which of the following periods was declared ‘Plan Holiday’ by the government?
Question

Which of the following periods was declared ‘Plan Holiday’ by the government?

A.

1966–1969

B.

1967–1969

C.

1966–1971

D.

1965–1968

Correct option is A

The correct answer is (a) 1966–1969
· The Plan Holiday period in India was from 1966 to 1969, between the Third and Fourth Five-Year Plans.
· It occurred due to economic crisis, food shortage, and wars (1962 and 1965).
· Instead of a formal plan, the government launched annual plans for 3 years.
· This allowed flexibility to deal with agriculture and industrial setbacks.
· It was a response to failure of the Third Plan.
· The Fourth Five-Year Plan began in 1969.
Information Booster:
Devaluation of rupee and droughts impacted planning.
• The Green Revolution began during this time.
• Annual Plans were also used after 1978–1980 and 1990–1992.
• Managed by Planning Commission, now replaced by NITI Aayog.
• Five-Year Planning started in 1951.
• India adopted Mixed Economy model during Nehru era.
Additional Information:
1967–1969 – Does not cover full Plan Holiday span.
1966–1971 – Includes part of Fourth Plan.
1965–1968 – Misses the start of Plan Holiday officially.

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