‘Inclusive Growth’ was the objective of which Five Year Plan?
Correct Answer :
Eleventh
Solution :
The correct option is Eleventh.
In the history of economic planning in India, the Five-Year Plans served as the primary blueprint for national development. Each plan focused on specific socioeconomic objectives depending on the needs of the country at that time.
The Eleventh Five-Year Plan, which spanned the period from 2007 to 2012, was prepared under the leadership of Prime Minister Manmohan Singh. The central theme and objective of this plan was "Towards Faster and More Inclusive Growth".
The concept of "Inclusive Growth" aimed at ensuring that the benefits of economic expansion reached all segments of society, particularly the marginalized, rural, and economically disadvantaged groups, thereby reducing inequality and poverty.
For additional context on the other options:
- The Ninth Five-Year Plan (1997–2002) focused on "Growth with Social Justice and Equality".
- The Tenth Five-Year Plan (2002–2007) aimed at doubling the per capita income of India in the next 10 years and reducing poverty.
- The Twelfth Five-Year Plan (2012–2017) further expanded the theme to "Faster, More Inclusive and Sustainable Growth".
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