Which of the following sectors received major attention in the 7th Five-Year Plan for creating more jobs?
Show answer & explanation
Correct answer: C
Explanation
Correct Answer
Small and Cottage Industries
Explanation
The Seventh Five-Year Plan (1985–1990) gave special importance to employment generation. To achieve this objective, significant emphasis was placed on the development of small and cottage industries because these industries generate more employment opportunities with relatively low capital investment.
The plan aimed to increase productive employment, promote rural development, and encourage self-employment. By supporting small and cottage industries, the government sought to reduce unemployment while fostering economic growth.
Key Points
• The Seventh Five-Year Plan covered the period from 1985 to 1990.
• Employment generation was one of its major priorities.
• Special emphasis was given to the development of small and cottage industries.
• These industries helped create employment opportunities in both rural and urban areas.
Additional Facts
• The main theme of the Seventh Five-Year Plan was "Productivity, Employment, and Social Justice."
• Self-employment and rural development programs were promoted during this plan period.
• The small-scale industry sector is often considered the backbone of the Indian economy because it generates substantial employment with relatively low investment.
Important Questions
Question: Which sector received special attention for employment generation during the Seventh Five-Year Plan?
Answer: Small and Cottage Industries.
Question: What was the main objective of the Seventh Five-Year Plan?
Answer: To increase productivity, generate employment, and promote social justice.