Which of the following five-year plan of India was a complete failure?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Third Five Year Plan.
- The Third Five-Year Plan (1961-1966) of India is often considered a failure. The plan set very high targets for economic growth and development, which proved to be unrealistic given the circumstances, including the political and economic environment of the time.
- The plan was severely disrupted by the Sino-Indian War in 1962, which led to a significant diversion of resources toward defense and away from development goals.
- The severe drought of 1965 and food shortages resulted in poor agricultural production, negatively affecting the plan’s objectives for agricultural growth and self-sufficiency.