Question

State whether the following statements are True or False.
The Ninth Five Year Plan was a failure in terms of GDP growth targets.

• A. True
• B. False

Answer 1

The correct option is A True

The Ninth Five Year Plan was started on the 1^st of April, 1997. This was against the target of 6.5 per cent. It was started with a set of economic goals which were designed to strengthen the economy of the country. The targeted rate of growth of GDP was 6.5 per cent. However, it dropped to 5.3 per cent from 6.7 per cent during the Eighth Plan.

Thus, the correct answer is A.