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Question
In which of the five year plan, preference was given to agriculture?
In which of the five year plan, preference was given to agriculture?
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Solution
The correct option is A First
The first five-year plan was presented in the parliament by Prime Minister Jawaharlal Nehru in December 1951. This plan promoted the idea of self-reliant closed economy and was developed by Prof. P. C. Mahalanobis. The plan had heavily borrowed ideas from USSR’s five-year plans developed by Domer. Due to this, the first five-year plan is also called Domer-Mahalanobis Model. In this plan, highest priority was given to the Agriculture, Irrigation and Power Projects.
The first five-year plan was presented in the parliament by Prime Minister Jawaharlal Nehru in December 1951. This plan promoted the idea of self-reliant closed economy and was developed by Prof. P. C. Mahalanobis. The plan had heavily borrowed ideas from USSR’s five-year plans developed by Domer. Due to this, the first five-year plan is also called Domer-Mahalanobis Model. In this plan, highest priority was given to the Agriculture, Irrigation and Power Projects.
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