What was not a criticism of the Third Five Year Plan? |
It was criticized to display an 'urban bias' It was criticized to give more priority to industry than agriculture It was criticized to provide an impetus to liberalisation It was criticized for not focusing on agriculture-related industries |
It was criticized to provide an impetus to liberalisation |
The correct answer is Option (3) → It was criticized to provide an impetus to liberalisation Liberalisation, however, was not a feature of the Third Plan. In fact, India followed a controlled and protectionist economic policy during this period. Liberalisation debates came much later, especially around the 1980s and 1991 reforms. "The Third Plan was not significantly different from the Second. Critics pointed out that the plan strategies from this time around displayed an unmistakable “urban bias”. Others thought that industry was wrongly given priority over agriculture. There were also those who wanted focus on agriculture-related industries rather than heavy ones." |