Initiatives by Government MCQ Quiz - Objective Question with Answer for Initiatives by Government - Download Free PDF

Last updated on Jul 11, 2025

Latest Initiatives by Government MCQ Objective Questions

Initiatives by Government Question 1:

What was the focus of the First Five Year Plan?

  1. Developing the private sector on an observation-oriented model
  2. Developing Public-Private Partnerships Based on Keynesian Economics
  3. Developing the Tertiary Sector on the Harrod-Domar Model
  4. Developing a Priority Sector on the Harrod-Domar Model
  5. None of the above

Answer (Detailed Solution Below)

Option 4 : Developing a Priority Sector on the Harrod-Domar Model

Initiatives by Government Question 1 Detailed Solution

The correct answer is Developing a Priority Sector on the Harrod-Domar Model.Key Points

  • First Five-Year Plan :-
    • The First Five-Year Plan in India was from 1951 to 1956.
    • The plan was based on the Harrod-Domar model.
    • The main focus of this plan was to develop a Priority Sector.
    • Gave priority to the agricultural development of the country.
    • The First Five Year Plan was presented before the parliament by Jawaharlal Nehru.
    • Economist K N Raj is known as the architect of this plan.
    • It was quasi successful for the government. 
Additional Information
Important Five Year Plans in India:-
  • Second Five-Year Plan:-
    • From 1956 to 1961.
    • Based on the Mahalanobis model.
    • Gave priority to the Industrial development of the country.
    • Durgapur (West Bengal), Bhilai (Chhattisgarh), Raurkela(Odisha) steel plants of India started during this plan.
  • Fourth Five Year Plan :-
    • From 1969 to 1974.
    • The two main objectives of this plan were growth with stability and progressive achievement of self-reliance.
    • Indo-Pak war of 1971 was during this five-year plan.
    • Operation flood was launched during this plan.
  • Fifth Five Year Plan :-
    • From 1974 to1979.
    • Priority was given to agriculture, industry, and mines.
    • The draft of this plan was prepared and launched by the D.P. Dhar.
    • 20 Point Program Launched During this plan.
  • Sixth Five Year Plan:-
    • From 1980 to 1985.
    • Aim: Poverty eradication and technological self-reliance. 
    • NABARD was established in 1982.
  • Eighth Five Year Plan:-
    • From 1992 to 1997.
    • Priority was given to the development of human resources (Human Model).
    • Beginning of liberalization, privatization, and globalization (LPG) in India.
    • New Economic policy introduced.

Initiatives by Government Question 2:

Which of the following fixes the poverty line in India?

  1. Central Council of Ministers
  2. Lok Sabha
  3. Rajya Sabha
  4. Planning Commission (Now Niti Ayog)
  5. None of the above

Answer (Detailed Solution Below)

Option 4 : Planning Commission (Now Niti Ayog)

Initiatives by Government Question 2 Detailed Solution

The correct answer is the Planning Commission (Now Niti Ayog).

Key Points

  • The Planning Commission estimated levels of poverty in the country on the basis of consumer expenditure surveys conducted by the National Sample Survey Office of the Ministry of Statistics and Programme Implementation.
  • A common method used to estimate poverty in India is based on the income or consumption levels and if the income or consumption falls below a given minimum level, then the household is said to be Below the Poverty Line (BPL).
  • Poverty estimation in India is now carried out by NITI Aayog’s task force through the calculation of the poverty line based on the data captured by the National Sample Survey Office.
  • Poverty line estimation in India is based on the consumption expenditure and not on the income levels
  • In India, the first official rural and urban poverty lines at the national level were introduced in 1979 by Y. K. Alagh Committee and official poverty counts began for the first time.
  • The Tendulkar poverty line remained the official poverty line for official poverty estimates in 1993-94, 2004-05 and 2011-12.

Initiatives by Government Question 3:

In India, the service tax was introduced first time in:

  1. 1993
  2. 1995
  3. 1994
  4. 1992
    duplicate options found. English Question 1 options 3,2
  5. None of the above

Answer (Detailed Solution Below)

Option 3 : 1994

Initiatives by Government Question 3 Detailed Solution

The correct answer is 1994.

  • In India, the service tax was introduced for the first time in 1994.

Key Points

  • Service tax is imposed on the services provided to the customers.
  • It was introduced in India for the first time in the year 1994.
  • It was introduced on the recommendations of Dr. Raja Chelliah Committee on tax reforms.
  • It is an indirect tax, which means, the burden of tax can be shifted to other people.
  • Initially, the service tax was introduced on 3 services only:
    • Telephone Services,
    • Non-Life Insurance Services
    • Stock Brokers’ Services

Initiatives by Government Question 4:

Which of the following is not a component of Bharat Nirman?

  1. Rural housing
  2. Rural electrification
  3. Agro-based industries
  4. Rural Telephony
  5. None of the above

Answer (Detailed Solution Below)

Option 3 : Agro-based industries

Initiatives by Government Question 4 Detailed Solution

The correct answer is Agro-based industries.

Key Points

  • Bharat Nirman:
    • This scheme aims at developing rural infrastructure.
    • This scheme is governed by the Ministry of Rural Development.
    • The duration of implementing this scheme has been determined for four years with the expected expenditure of 174000 crores. 
    • The major six sectors & their targets for the next four years are:
      • Irrigation
      • Roads
      • Housing
      • Water Supply
      • Electrification
      • Rural Communication
  • The main objectives of this programme are:
    • Facilities for safe drinking water in every household by 2012.
    • Targeted housing facility for no less than 60 lakhs houses by 2009. As the target was not reached, the project was extended further up to 2014 with a target of 1.2 crores, double the existing target to reach needier. Overseen under the guidance of the Ministry of Rural Development, providing housing facilities is taken up. Low-cost living is achieved through this project. The State shares 25% of the project cost while the balance 75% is underwritten by the Central Government.
    • The next project is to provide telecommunication facilities and broadband to more than 40% of Indian Villages by 2014.
    • Providing electricity and employment are other projects taken up under this programme. These two projects ensure that people are always self-dependent and their pressure to turn to lenders for money reduces substantially. This ensures that the exploitation of the uneducated is eradicated so that rural India depends on organized sectors for financial assistance.
    • Another major project under this programme is to provide connectivity across the length and breadth of India by taking up infrastructure road projects that withstand all seasonal changes. The project is carved out to connect urban-rural roads that are poorly maintained thus enhancing the quality of transportation. This also ensures that the distance between cities and villages are shrunk to give verbatim meaning to the phrase “global village”.
    • This programme aimed to create more opportunities in agriculture by providing irrigational land to the extent of one crore hectares.

 

Initiatives by Government Question 5:

Which initiative was launched on 25 September 2014 to facilitate investment, foster innovation, build best in class infrastructure and make India a hub for manufacturing, design and innovation?

  1. Make in India initiative
  2. Industrial Corridor Development Programme
  3. Start Up India initiative
  4. Stand Up India Initiative

Answer (Detailed Solution Below)

Option 1 : Make in India initiative

Initiatives by Government Question 5 Detailed Solution

The correct answer is Make in India initiative.

Key Points

  • The Make in India initiative was launched by the Government of India on 25 September 2014, under the leadership of Prime Minister Narendra Modi.
  • It aims to transform India into a global manufacturing hub by encouraging domestic and foreign investment in manufacturing sectors.
  • The initiative focuses on fostering innovation, enhancing skill development, and building world-class infrastructure.
  • It targets 25 key sectors, including automobiles, biotechnology, construction, defense manufacturing, and pharmaceuticals, among others.
  • The program emphasizes ease of doing business by streamlining regulatory frameworks, promoting transparency, and simplifying processes.

Additional Information

  • FDI Reforms:
    • Under Make in India, India liberalized its Foreign Direct Investment (FDI) policies across various sectors, allowing up to 100% FDI in many industries.
    • Sectors like defense, railways, and insurance witnessed increased FDI inflows due to policy reforms.
  • Ease of Doing Business Ranking:
    • India’s global position in the World Bank's Ease of Doing Business Index improved significantly due to initiatives under Make in India.
    • Key reforms include the introduction of GST, Insolvency and Bankruptcy Code, and digitization of governance processes.
  • Major Outcomes:
    • Significant growth in sectors like electronics, automotive, and renewable energy.
    • India became one of the fastest-growing economies globally, attracting substantial foreign investments.
  • Skill India Initiative:
    • To complement Make in India, the Skill India program focuses on enhancing workforce employability through training and skill development.
    • This ensures a skilled labor pool to meet the demands of the manufacturing and service sectors.

Top Initiatives by Government MCQ Objective Questions

The concept of five-year plans in the Constitution of India is borrowed from _______.

  1. Russia
  2. England
  3. The United States
  4. Germany

Answer (Detailed Solution Below)

Option 1 : Russia

Initiatives by Government Question 6 Detailed Solution

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The correct answer is Russia.

Key Points

  • The constitution of India has borrowed most of its provisions from the constitution of different countries in the world.
  • According to Dr B R Ambedkar, the constitution of India has been framed after ransacking all the known constitutions of the world.
  • The important provisions borrowed from Russia are:
    • Five-year plan.
    • Fundamental duties.

Additional Information

  • The important provisions borrowed from Britain are:
    • Parliamentary form of government
    • Rule of Law.
    • Single Citizenship.
    • Office of Comptroller and Auditor General of India.
    • Bicameralism.
    • Writs.
  • The important provisions borrowed from the United States are:
    • Fundamental rights.
    • Preamble.
    • Independence of judiciary.
    • Judicial review.
    • Impeachment.
    • Post of vice-president.
  • The important provisions borrowed from Germany:
    • Suspension of Fundamental Rights during the emergency.

During which five year plan did India opt for a mixed economy?

  1. Fourth Five Year Plan
  2. Second Five Year Plan
  3. Third Five Year Plan
  4. First Five Year Plan

Answer (Detailed Solution Below)

Option 2 : Second Five Year Plan

Initiatives by Government Question 7 Detailed Solution

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The correct answer is Second Five Year Plan.

Key Points

  • Second Five-year plan (1956 to 1961)
    • The second plan was conceived in an atmosphere of economic stability.
    • It was felt agriculture could be accorded lower priority. 
    • Industries got more importance in the 2nd five-year plan. The focus was mainly on heavy industries. 
    • The Indian government boosted the manufacturing of industrial goods in the country.
    • This was done primarily to develop the public sector.
    • The Plan Focussed on rapid industrialization- heavy & basic industries.
    • Advocated huge imports through foreign loans.
    • Therefore, the Indian Government adopted a mixed economy during the second five-year plan. Hence, Option 2 is correct.
    • The Industrial Policy 1956 was based on the establishment of a socialistic pattern of society as the goal of economic policy.
    • Acute shortage of forex led to pruning of development targets, the price rise was also seen ( about 30%) vis a vis decline in the earlier Plan & the 2nd FYP was only moderately successful.

Important Points

  • The 2nd year five-year plan functioned based on the Mahalanobis model. 
  • The Mahalanobis model was propounded by the famous Prasanta Chandra Mahalanobis in the year 1953.
  • As many as five steel plants including the ones in Durgapur, Rourkela ,Bhilai were set up as per the 2nd five-year plan. 
  • During the term of the 2nd five-year plan, Atomic Energy Commission came into being.
  • The Commission was established in the year 1957. 
  • During the same period, the Tata Institute of Fundamental Research was born.

Additional Information

  • First Five Year Plan:
    • It was launched from 1951 to 1956, under the leadership of Jawaharlal Nehru. 
    • It was based on the Harrod-Domar model with a few modifications. 
    • Its main focus was on the agricultural development of the country.
    • This plan was successful and achieved a growth rate of 3.6% (more than its target of 2.1%). 
    • At the end of this plan, five IITs were set up in the country. 
  • Third Five Year Plan:
    • It was made from 1961 to 1966.
    • It is also called ‘Gadgil Yojna’, after the Deputy Chairman of Planning Commission D.R. Gadgil.
    • The target of this plan was to make the economy independent.
    • The stress was laid on agriculture and the improvement in the production of wheat. 
    • India was engaged in two wars: (1) the Sino-India war of 1962 and (2) the Indo-Pakistani war of 1965. These wars exposed the weakness in our economy and shifted the focus to the defense industry, the Indian Army, and the stabilization of the price (India witnessed inflation). 
    • The plan was a flop due to wars and drought. The target growth was 5.6% while the achieved growth was 2.4%. 
  • Fourth Five Year Plan:
    • Its duration was from 1969 to 1974, under the leadership of Indira Gandhi. 
    • The two main objectives of this plan i.e. growth with stability and progressive achievement of self-reliance.
    • Fourteen major Indian banks were nationalized.
    • Indo-Pakistani War of 1971 and the Bangladesh Liberation War took place. 
    • Implementation of Family Planning Programmes was amongst major targets of the Plan
    • It failed and could achieve a growth rate of 3.3% only against the target of 5.7%.

When was the Planning Commission set up?

  1. 2019
  2. 2000
  3. 1947
  4. 1950

Answer (Detailed Solution Below)

Option 4 : 1950

Initiatives by Government Question 8 Detailed Solution

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The correct answer is option 4 i.e 1950.

Key Points

  • The Planning Commission was an institution which formulated Five-Year Plans in India.
    • Planning Commission set up in 1950.
    • Planning commission was established based on the recommendation of an advisory planning board under the chairmanship of KC Neogy.
    • Headquarters: Yojana Bhavan, New Delhi.
    • Planning commission is only an advisory body.
    • The concept of planning was based on the Russian model introduced by Joseph Stalin.
    • The Prime Minister is the chairman of the planning commission.
    • Jawaharlal Nehru was the first chairman of the planning commission.
    • Deputy chairman of the planning commission was appointed by the Union Cabinet.
    • Gulzarilal Nanda was the first deputy Chairman of the Planning Commission.
  • Narendra Modi government dissolved the Planning Commission in 2014.
  • The planning commission was replaced by the newly formed NITI Aayog in 2015.

What was the time period of the Second Five-Year Plan?

  1. 1957-62
  2. 1958-63
  3. 1955-60
  4. 1956-61

Answer (Detailed Solution Below)

Option 4 : 1956-61

Initiatives by Government Question 9 Detailed Solution

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The correct answer is 1956-61.

Key Points

  • 1956-61 was the duration of the Second Five Year Plan.
  • The Second Five Year Plan was based on Mahalanobis Model.
  • ​Its main focus was on the industrial development of the country.
  • P. C. Mahalanobis was a famous Indian statistician who founded the Indian Statistical Institute.
  • The plan lagged behind the target growth rate of 4.5% and achieved a growth rate of 4.27%.

Additional Information

  • The five-year plans were one of the central plans.
  • The plans were formulated and were financed by the central government.
  • These were launched in 1951, with the first five-year plans covering the years 1951-56.
  • There were three breaks in five-year plans during 1966-69, 1978-80, and 1991-92.
  • "Twelfth Five Year Plan" duration is from 2012 to 2017, and it was under the leadership of Manmohan Singh.
  • It was the last five-year plan because Niti Aayog replaced it with the planning commission.
  • Its main theme was “Faster, More Inclusive and Sustainable Growth”.
  • Its growth rate target was 8%.

planning-commission-12-638

Which Five Year Plan had the primary goal to establish India as a self-reliant and self-generating economy?

  1. First five year plan
  2. Second five year plan
  3. Third five year plan
  4. Fourth five year plan

Answer (Detailed Solution Below)

Option 3 : Third five year plan

Initiatives by Government Question 10 Detailed Solution

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The correct answer is Third five year plan.

Key Points

  • The third Five Year Plan was launched from 1961-1966 under the leadership of Pandit Jawaharlal Nehru.
    • The Deputy Chairman of the Planning commission at the time of the third five-year plan was D. R. Gadgil.
    • The plan was also known as the Gadgil Yojana.
    • The independent economy (establishment of a self-reliant and self-generating economy), agriculture, and improvement in the production of wheat were the major objectives of the plan.
    • The third Five Year Plan was affected due to drought and two wars (Sino-India war of 1962 and Indo-Pakistani war of 1965).

Additional Information

  • The First five-year plan 
    • This plan was launched from 1951-1956 under the leadership of Pandit Jawaharlal Nehru.
    • It was based on the Harrod-Domar model.
    • The targeted growth rate of the plan was 2.1%.
    • The plan was successful and achieved a growth rate of 3.6% which was more than its target.
    • The agricultural development of the country was the major objective of the plan.
    • At the end of this plan, five IITs were set up in the country.
  • The second five-year plan
    • ​​​This plan is based on P.C Mahalanobis Model.
    • It was planned from 1 April 1956 to 31 March 1961.
    • It is popularly known as Mahalanobis Plan.
    • The second five-year plan accords high priority to industrialization, and especially to the development of basic and heavy industries.
    • This plan includes substantial investment in iron and steel, coal and Heavy engineering, Machine building, Heavy chemicals, and Cement Industries.
  • ​Fourth-Five year Plan:
    • The duration of this Plan is 1969-1974 under the leadership of Indira Gandhi.
    • The two main objectives of this Plan are growth with Stability and Progressive achievement with self-reliance.
    • During this Plan, 14 major Indian Banks were nationalized.
    • At this time, the Indo-Pak war of 1971 and the Bangladesh liberation war took Place.
    • The main emphasis was on the growth rate of agriculture to enable other sectors to move forward.
    • First, two years of the plan saw record production.
    • The last three years did not measure up due to poor monsoon.
    • Implementation of Family Planning Programmes was amongst the major targets of the Plan.

Important Points

Five-year plan 

Duration

Aim
1st five-year plan 1951 to 1956 Based on Harrod Domar Model
2nd five-year plan 1956 to 1961 Based on Mahalanobis Model
3rd five-year plan 1961 to 1966 Also called as Gadgil Yojna
4th five-year plan 1969 to 1974 Growth with stability and progressive achievement of self-reliance are two main objectives.
5th five-year plan 1974 to 1978 This plan focussed on Garibi Hatao, employment, justice, agricultural production, and defense
6th five-year plan 1980 to 1985 Focused on economic liberalization
7th five-year plan 1985 to 1990 Aimed at the establishment of a self-sufficient economy
8th five-year plan 1992 to 1997 The main focus was on the development of Human Resources
9th five-year plan 1997 to 2002 The main focus was '“Growth with Social Justice and Equality".
10th five-year plan 2002 to 2007 Aimed to double the Per Capita Income of India in the next 10 years.
11th five-year plan 2007 to 2012 Its main theme was “rapid and more inclusive growth”.
12th five-year plan 2012 to 2017 Its main theme is “Faster, More Inclusive and Sustainable Growth”.

The main focus of the First Five-Year Plan was on the _______.

  1. service sector
  2. agricultural and industrial sector
  3. agricultural sector
  4. industrial sector

Answer (Detailed Solution Below)

Option 3 : agricultural sector

Initiatives by Government Question 11 Detailed Solution

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The correct answer is agricultural sector.

Key Points

  • The First Five Year Plan in India was active between 1951 and 1956.
  • The plan was based on the Harrod-Domar model.
  • This plan gave priority to the agricultural sector of the country.
  • The First Five Year Plan was presented before the parliament by Jawaharlal Nehru.
  • Gulzarilal Nanda was the first Deputy Chairman of the Planning Commission of India.
  • Economist K N Raj is known as the architect of this plan.
  • It was quasi-successful for the government.
  • The target growth rate of the First Five Year Plan was 2.1% annual gross domestic product (GDP) growth.

Additional Information

  • The second Five Year Plan gave priority to the Industrial development of the country.
  • The fifth Five Year Plan gave priority to agriculture, industry, and mines.
  • The eighth Five Year Plan gave priority to the development of human resources(Human Model).

Choose the correct pair from the following options.

  1. Third Five-year Plan - Rapid industrialisation and basic industries
  2. Fourth Five-year Plan - Family planning programme
  3. First Five-year Plan - Mahalanobis model
  4. Second Five-year Plan - Focus on agriculture

Answer (Detailed Solution Below)

Option 2 : Fourth Five-year Plan - Family planning programme

Initiatives by Government Question 12 Detailed Solution

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The correct answer is Fourth Five-year Plan - Family planning programme

Key Points

  • Fourth Five-Year Plan (1969-1974)
    • The fourth Five Year Plan was the first plan launched by the Indira Gandhi government amid the pressure of drought, devaluation, and inflationary recession.
    • The country was fighting with population explosion, increased unemployment, poverty, and a shackling economy. In addition, the situation in East Pakistan (now independent Bangladesh) was becoming dire as the Indo-Pakistani War of 1971 and the Bangladesh Liberation War took place.
    • Funds earmarked for industrial development had to be used for the war effort.
    • The result was that this plan period was also no better than the third five-year plan.
    • It gave emphasis on Family planning programs to control the population.

Additional Information

Five-year plan Goal
Third Five-year Plan Focus on agriculture
First Five-year Plan Harrod Domar Model
Second Five-year Plan Mahalanobis model

In which five year plan was the Jawahar Rojgar Yojna launched?

  1. 1st
  2. 2nd
  3. 3rd
  4. 7th

Answer (Detailed Solution Below)

Option 4 : 7th

Initiatives by Government Question 13 Detailed Solution

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The correct option is 4 i.e., 7th.

Key Points

  • In the 7th five-year plan Jawahar Rojgar Yojna was launched.
  • Jawahar Rozgar Yojana was launched in 1989 by the Rajiv Gandhi government.
  • It was implemented upon the merger of the National Rural Employment Programme (NREP) and Rural Landless Employment Guarantee Programme (RLEGP).
  • The Seventh Five Year Plan (1985-1990) also laid impetus on the development of small-scale and food processing industries
  • The Seventh Five Year Plan also encouraged 'Social Justice'.

All Five Year Plans:

First Five Year Plan 1951 to 1956.
Second Five Year Plan 1956 to 1961
Third Five Year Plan 1961 to 1966
Plan Holiday 1966 to 1969
Fourth Five Year Plan 1969 to 1974
Fifth Five Year Plan 1974 to 1978
Rolling Plan 1978-79
Sixth Five Year Plan 1980 to 1985
Seventh Five Year Plan 1985 to 1990
Annual Plans 1990-91& 1991-92.
Eighth Five Year Plan 1992 to 1997
Ninth Five Year Plan 1997 to 2002
Tenth Five Year Plan 2002 to 2007
Eleventh Five Year Plan 2007 to 2012
Twelfth Five Year Plan 2012 to 2017

Under which five year plan "Blue Revolution" was started in India?

  1. Sixth Five Year Plan
  2. Seventh Five Year Plan
  3. Eighth Five Year Plan
  4. Fifth Five Year Plan

Answer (Detailed Solution Below)

Option 2 : Seventh Five Year Plan

Initiatives by Government Question 14 Detailed Solution

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The correct answer is Seventh Five Year Plan.

Key Points

  • BLUE REVOLUTION
    • The Blue Revolution was first launched in India as the 'Nili Kranti Mission' during the 7th Five Year Plan (1985-1990).
    • Fish Farmers Development  Agency (FFDA) was sponsored by the central government.
    • The Intensive Marine Fisheries Program was subsequently launched during the 8th Five Year Plan (1992-97).
    • As a result, the fishing harbours were later established over time in Vishakhapatnam, Kochi, Tuticorin, Porbandar, and Port Blair.
    • The scheme was restructured by the Ministry of Agriculture and Farmers Welfare along with the Department of Animal Husbandry, Dairying & Fisheries into 'Blue Revolution' by merging it with the other ongoing schemes.
    • The scheme was controlled by the National Fisheries Development Board (NFDB).
    • Following were the objectives of the Blue Revolution:
      • ​To triple the production in the marine sector by the year 2020.
      • Utilization of new technologies to transform the fisheries sector into a modern industry.
      • To double the income of fishers by improving the post-harvest activities like marketing through e-commerce, etc.
      • To promote the economically weaker sections of the society.
      • To encourage entrepreneurship development, private investment, and Public-Private Partnership (PPP) in the fisheries industry.

Additional Information

  • Other important revolutions related to the agriculture sector are
    • Red Revolution - Meat and Poultry sector; 
    • Pink Revolution - Onion production, Pharmaceuticals, and Prawn production
    • White Revolution - Increasing Milk production
    • Yellow Revolution - Increasing Edible Oilseeds production
    • Green Revolution - Increasing Foodgrains production
    • Golden Revolution - Increasing Horticulture and Honey production
    • Golden Fibre Revolution - Increasing Jute Production

Which of the following five-year plans was affected due to drought and two wars?

  1. First Five-Year Plan
  2. Third Five-Year Plan
  3. Fifth Five-Year Plan
  4. Sixth Five-Year Plan

Answer (Detailed Solution Below)

Option 2 : Third Five-Year Plan

Initiatives by Government Question 15 Detailed Solution

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The correct answer is Third Five-Year Plan.

Key Points

  • First five-year plan was launched from 1951-1956 under the leadership of Pandit Jawaharlal Nehru.
    • It was based on the Harrod-Domar model.
    • The targeted growth rate of the plan was 2.1%.
    • The plan was successful and achieved a growth rate of 3.6% which was more than its target.
    • The agricultural development of the country was the major objective of the plan.
    • At the end of this plan, five IITs were set up in the country.

Additional Information

  • The third Five Year Plan was launched from 1961-1966 under the leadership of Pandit Jawaharlal Nehru.
    • The Deputy Chairman of the Planning commission at the time of the third five-year plan was D. R. Gadgil.
    • The plan was also known as the Gadgil Yojana.
    • The independent economy, agriculture, and improvement in the production of wheat were the major objectives of the plan.
    • The third Five Year Plan was affected due to drought and two wars (Sino-India war of 1962 and Indo-Pakistani war of 1965).
  • The fifth Five year Plan was launched from 1974-1978.
    • Eradication of poverty, employment, and justice was the major objective of the Fifth Five Year Plan.
    • The plan was successful and achieved a growth rate of 4.8%.
    • Indian National Highway system was introduced.
    • The newly elected Morarji Desai Government in 1978 terminated the plan.
  • The seventh Five Year Plan was launched from 1985-1990 under the leadership of Rajiv Gandhi.
    • The private sector was given priority over the public sector for the first time.
    • The targeted growth rate of the plan was 5%.
    • The plan was successful and achieved a growth rate of 6.01%.
    • The establishment of a self-sufficient economy, opportunities for productive employment, up-gradation of technology, accelerating food grain production, raising productivity with a focus on food work and productivity were the major objectives of the Seventh Five Year Plan.
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