Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Poverty

Question:

Identity the plan that pointed out "the benefits of economic development must occure more and more to the relatively less privileged classes of society”.

Options:

Second five year plan

First five year plan

Fourth five year plan

Tenth five year plan

Correct Answer:

Second five year plan

Explanation:

The correct answer is Option (1) → Second five year plan

The Indian Constitution and five year plans state social justice as the primary objective of the developmental strategies of the government. To quote the First Five Year Plan (1951-56), “the urge to bring economic and social change under present conditions comes from the fact of poverty and inequalities in income, wealth and opportunity”. The Second Five Year Plan (1956-61) also pointed out that “the benefits of economic development must accrue more and more to the relatively less privileged classes of society”. One can find, in all policy documents, emphasis being laid on poverty alleviation and that various strategies need to be adopted by the government for the same.