Multiple Choice Questions on Which Plan is also called ldquo Gadgil Yojana rdquo ........ for UPSC Civil Services Examination (General Studies) Preparation

Planning in India

Economic Affairs

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Indian Economy - Understanding the basics of Indian economic system

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    Which Plan is also called “Gadgil Yojana”?

    Third five Year Plan

    Correct Answer

    Fourth Five Year Plan

    Incorrect Answer

    Fifth Five Year Plan

    Incorrect Answer

    None of the above

    Incorrect Answer
    Explanation:

    1st option is correct.
    Third Plan (1961–1966)
    The Third Five-year Plan, known as "Gadgil Yojna", stressed agriculture and improvement in the production of wheat, but the brief Sino-Indian War of 1962 exposed weaknesses in the economy and shifted the focus towards the defence industry and the Indian Army. In 1965–1966, India fought a War with Pakistan. There was also a severe drought in 1965. The war led to inflation and the priority was shifted to price stabilisation. The construction of dams continued. Many cement and fertilizer plants were also built. Punjab began producing an abundance of wheat.


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