For the first time the objective of self-reliance was incorporated in the ____ Five-Year Plan.
Show answer & explanation
Correct answer: A
Explanation
The correct answer ia Option 1. i.e. third.
Objective of self-reliance in the Third Five Year Plan:
The objective of self-reliance was incorporated in the Third Five Year Plan in India. It was launched in 1961 and continued till 1966. The main focus of the plan was to reduce poverty, increase employment opportunities, and promote economic growth.
Importance of self-reliance:
Self-reliance is an important aspect for any country to achieve economic growth and development. It refers to the ability of a country to produce goods and services on its own without relying on other countries. The concept of self-reliance was introduced in India to reduce dependence on foreign aid, technology, and imports.
Objectives of the Third Five Year Plan:
The Third Five Year Plan had the following objectives:
1. To achieve a growth rate of 5.6% per annum.
2. To increase employment opportunities and reduce poverty.
3. To promote the development of agriculture, industry, and infrastructure.
4. To increase the production of food grains and reduce food imports.
5. To promote the development of science and technology.
6. To reduce the regional imbalances in economic development.
7. To promote self-reliance and reduce dependence on foreign aid and imports.