Question

In India which of the following Five Year Plans was launched with a focus on sustainable growth?

1. 9^th
2. 10^th
3. 11^th
4. 12^th

Answer 1

Correct Answer - Option 4 : 12^th

The correct answer is 12^th.

• 1st Five Year Plan was launched for the duration of 1951-56.
  • Initially, The Planning commission was responsible for making FYP.
  • Now, NITI Aayog is responsible for economic planning.
• 12th FYP's main theme was "Faster, more inclusive and Sustainable Growth".
  • Its growth rate target was 8%.
  • It was for the duration of 2012-17 under Manmohan Singh government.
  • It was after this that the Planning commission was dissolved and NITI Ayog was established.
• Niti Aayog has no financial role.

 

• 9th FYP - It was launched for the year 1997-2002.
  • "Growth with social justice and equality"
  • Growth rate - 5.6%
• 10th FYP - 2002-2007
  • Aimed to double the Per Capita Income in the next 10 years
  • Reduce poverty to 15%
  • Growth rate - 8%
• 11th FYP - 2007-2012
  • Prepared by C Rangarajan
  • "Rapid and more inclusive growth"
  • It achieved 8% while the target was a 9% growth rate.