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Annual rate of inflation during 9th and 10th Plan in India was
1. 4% and 5% respectively
2. 5% and 7% respectively
3. 4% and 7% respectively
4. 7% and 5% respectively

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Correct Answer - Option 1 : 4% and 5% respectively

The correct answer is 4% and 5% respectively.

  • Inflation can be defined as a calculated surge in the average prices of goods and services for a longer duration in the economy.
  • The ultimate effect of inflation is that the value of money is reduced, the purchasing power of money is reduced.
9th Five Year Plan (1997-02) 10th Five Year Plan (2002-07)
  • An outlay of 869200 Rs Crore
  • The prime focus of this plan was to increase growth in the country with an emphasis on social justice and equity.
  • The Ninth Five-Year Plan achieved a GDP growth rate of 5.4% against a target of 6.5%
  • The target growth was 7.1% and the actual growth was 6.8%.
  • Expenditure of ₹43,825 crore
  • Target growth: 8.1% – growth achieved: 7.7%.
  • followed a regional approach rather than a sectoral approach to bring down regional inequalities.
  • Reduction of poverty rate by 5% by 2007.

  • The Ninth Five-Year Plan achieved a GDP growth rate of 5.4% against a target of 6.5%.
  • The Tenth five-year plan target growth: 8.1% – growth achieved: 7.7%.
  • Types of Inflation
    • Demand-Pull Inflation
    • Cost-Push Inflation
    • Built-in Inflation

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