Question

Which of the following statements highlight the outcome of the political changes during the Fifth Five-Year Plan?

• A. Suspension of the Fifth Five-Year Plan
• B. Adoption of a socialist economic system
• C. Introduction of rolling plans
• D. Introduction of economic liberalisation

Answer 1

Answer: (A), (C)

Introduction of rolling plans

In 1978, the new Janata Party government replaced the Congress government and put a stop to the Fifth Five-Year Plan. It started a fresh five-year plan from 1978, which focused on employment generation. This was known as a rolling plan.