Answer» Correct Answer - Option 1 : Agriculture
The correct answer is Agriculture. - The First Five Year Plan in India was from 1951 to 1956.
- The plan was based on the Harrod-Domar model.
- Gave priority to the agricultural development of the country.
- The First Five Year Plan was presented before the parliament by Jawaharlal Nehru.
- Economist K N Raj is known as the architect of this plan.
- It was quasi successful for the government.
Important Five Year Plans in India| Second Five Year Plan | - From 1956 to 1961.
- Based on the Mahalanobis model.
- Gave priority to the Industrial development of the country.
- Durgapur(West Bengal), Bhilai(Chhattisgarh), Raurkela(Odisha) steel plants of India started during this plan.
| | Fourth Five Year Plan | - From 1969 to 1974.
- The two main objectives of this plan were growth with stability and progressive achievement of self-reliance.
- Indo-Pak war of 1971 was during this five-year plan.
- Operation flood was launched during this plan
| | Fifth Five Year Plan | - From 1974 to1979.
- Priority was given to agriculture, industry, and mines.
- The draft of this plan was prepared and launched by the D.P. Dhar.
- 20 Point Program Launched During this plan.
| Sixth Five Year Plan | - From 1980 t0 1985.
- Aim: Poverty eradication and technological self-reliance.
- NABARD was established in 1982.
| | Eighth Five Year Plan | - From 1992 t0 1997.
- Priority was given to the development of human resources(Human Model).
- Beginning of liberalization, privatization, and globalization (LPG) in India.
- New Economic policy introduced.
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