Answer» Correct Answer - Option 4 : 1951
The correct answer is 1951. - The first Five-Year Plan’s main emphasis was to improve the condition of agriculture in India. The plan began in the year 1951.
- After independence, India launched its First FYP in 1951, under the socialist influence of the first Prime Minister Jawaharlal Nehru.
- The Plan Focussed on agriculture, price stability, power, and transport It was based on the Harrod-Domar Model.
- The process began with the setting up of Planning Commission in March 1950 in pursuance of declared objectives of the Government to promote a rapid rise in the standard of living of the people by efficient exploitation of the resources of the country, increasing production and offering opportunities to all for employment in the service of the community.
- The first Five-year Plan was launched in 1951 and two subsequent five-year plans were formulated till 1965 when there was a break because of the Indo-Pakistan Conflict.
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