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Put in chronological order the following special features/objectives of different Five Year Plans as they were first formulated:
1, 2, 3, 4
1, 3, 2, 4
3, 4, 1, 2
The designer of India's Second Five Year Plan (1956-61) was Professor Prasanta Chandra Mahalanobis, who had adopted the simple two sector model of Soviet Planning of Feldman type. He gave top priority to investment goods, as they were crucial for further economic growth of India.
The goals of Five Year plans are growth, modernisation, self-reliance and equity. Growth: It refers to an increase in the countries' capacity to produce the output of goods and services within the economy. ... In India, these plans are made for five years and hence are known as five year plans
By: Parvesh Mehta ProfileResourcesReport error
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