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Which period did the First Five-year Plan cover?

  • A.1947-52
  • B.1951-56
  • C.1950-55
  • D.1952-57

Answer: B

Correct answer: 1951-56

The First Five Year Plan covered 1951 to 1956. Based on the Harrod–Domar model, it gave priority to agriculture and irrigation, the sector most damaged by Partition and by the food shortages of the late 1940s.

It is generally counted a success, exceeding its growth target of 2.1 per cent with about 3.6 per cent achieved. The date fixes the whole sequence that follows, each Plan running five years from it: Second 1956–61, Third 1961–66, and so on. Planning began in 1951 rather than 1947 because the Planning Commission itself was constituted only in March 1950.

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