The concept of Five Year Plans in India was introduced by........

Economic Affairs Planning in India

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The concept of Five Year Plans in India was introduced by

Lord Mountbatten

Jawaharlal Nehru

Indira Gandhi

Lal Bahadur Shastri

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Explanation:

2nd statement is correct.
The first Indian Prime Minister, Jawaharlal Nehru presented the First Five-Year Plan to the Parliament of India and needed urgent attention. The First Five-year Plan was launched in 1951 which mainly focused in development of the primary sector.