Answer» Correct Answer - Option 2 : 1966 - 69
The correct answer is 1966 - 69. - There were three annual plans between 1966 and 1969.
- This period was also called ‘plan holiday’.
- Plan Holidays' main reason was later deducted as war (Indo-Pakistan), inflation, and the severe drought.
- In a bid to increase the exports in the country, the government declared devaluation of the rupee.
- The Fourth Five-Year Plan was introduced only in 1969.
- On 9 July 1951, India’s first Prime Minister Jawaharlal Nehru presented the First Five-Year Plan to the Parliament.
- The Niti Aayog has replaced the Planning Commission by the Modi Cabinet and launched three-year action plans from April 1, 2017, onwards.
- The 12th five-year plan is considered as the last five-year plan of India.
- Its duration is from 2012 to 2017, under the leadership of Manmohan Singh.
- The theme is “Faster, More Inclusive and Sustainable Growth”.
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