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Which of the following statements is correct regarding five year plan in India? I. India had emerged as one of the fastest growing economy by the e
Question

Which of the following statements is correct regarding five year plan in India?
I. India had emerged as one of the fastest growing economy by the end of the Tenth Five year Plan.
II. Tenth Five year Plan had set 'monitorable targets' for few key indicators of development.

A.

Neither I nor II

B.

Only II

C.

Both I and II

D.

Only I

Correct option is C

The correct answer is (c) Both I and II.
· By the end of the Tenth Five Year Plan (2002-2007), India had emerged as one of the fastest-growing economies in the world, with an average growth rate of around 7.6% per year. This marked a significant improvement in various sectors, including infrastructure, industrial production, and technology.
· The Tenth Five Year Plan set 'monitorable targets' for several key indicators of development such as poverty reduction, education, health, and employment. These targets helped track the country's progress in critical areas, improving accountability and focus on specific developmental goals.
Information Booster:
· The Tenth Five Year Plan aimed for a GDP growth rate of 8%, with a focus on reducing poverty and providing universal access to primary education.
· Some key 'monitorable targets' included:
· Reducing the poverty ratio by 5 percentage points by 2007.
· Increasing literacy rates by 75% by 2007.
· Reducing the gender gap in literacy and wage rates.
· The plan was also notable for its emphasis on inclusive growth, aiming to ensure that the benefits of economic growth were more evenly distributed across the population.

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