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    Who was the chairman of the eighth five-year plan of India?
    Question

    Who was the chairman of the eighth five-year plan of India?

    A.

    PV Narasimha Rao

    B.

    Narendra Modi

    C.

    Atal Bihari Vajpayee

    D.

    ​Manmohan Singh

    Correct option is A

    The correct answer is option (A) PV Narasimha Rao

    • The Chairman of the Eighth Five-Year Plan of India was PV Narasimha Rao.
    • The Eighth Five-Year Plan (1992-1997) was significant for being launched during the tenure of Prime Minister Narasimha Rao.
    • Under his leadership, India underwent major economic reforms, including liberalization, privatization, and globalization, which are considered pivotal for the modernization of India's economy.

    Information Booster :-

    • The plan focused on liberalizing the economy and transitioning from a closed, state-controlled system to a more market-oriented economy. This was a time of significant economic transformation, especially following the 1991 economic crisis.
    • The Eighth Plan also aimed at improving the country's infrastructure, promoting the growth of the industrial sector, and ensuring social equity through welfare programs.
    • A key target of the Eighth Plan was to achieve an annual growth rate of around 5.6% for the Indian economy.

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