Which of the following steps promoted the growth of the economy as a whole by stimulating the development of industrial and tertiary sectors?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Planning.
Planning in India began with the launch of the First Five-Year Plan in 1951, aiming to guide the country's economic development through structured, goal-oriented strategies. It promoted the growth of the economy as a whole by allocating resources to priority sectors. Planning encouraged the development of the industrial sector by establishing public sector enterprises and promoting heavy industries. Simultaneously, it supported the tertiary sector through investments in infrastructure, education, health, and services. By coordinating efforts across agriculture, industry, and services, planning laid the foundation for balanced, long-term economic growth in post-independence India.