What was the primary goal of initiating rapid economic growth according to India's development plans?
Answer & explanation
Correct answer: option 2
In order to solve economic problems of our country, the government took several steps including control by the State of certain industries , central planning and reduced importance of the private sector. The main objectives of India’s development plans were:
(a) Initiate rapid economic growth to raise the standard of living, reduce unemployment and poverty.
(b) Become self-reliant and set up a strong industrial base with emphasis on heavy and basic industries.
(c) Reduce inequalities of income and wealth.
(d) Adopt a socialist pattern of development — based on equality and prevent exploitation of man by man