Read the following statements - Assertion (A) and Reason (R):
Assertion (A): Growth-Oriented approach of poverty alleviation is based on the expectation that the effects of economic growth would spread to all sections of society and will trickle down to the poor sections also.
Reason(R): It was felt by policy makers in the initial phase of planning that that rapid industrial development and transformation of agriculture would benefit the developed regions/sections of the community.
From the given alternatives choose the correct one:

Assertion (A) is true but Reason (R) is false.

The correct answer is option 3:Assertion (A) is true but Reason (R) is false.

Assertion (A): Growth-Oriented approach of poverty alleviation is based on the expectation that the effects of economic growth would spread to all sections of society and will trickle down to the poor sections also. This is true.
Reason(R): It was felt by policy makers in the initial phase of planning that that rapid industrial development and transformation of agriculture would benefit the developed regions/sections of the community. This is false. It was felt that rapid industrial development and transformation of agriculture through green revolution in select regions would benefit the underdeveloped regions and the more backward sections of the community.

"The government’s approach to poverty reduction was of three dimensions. The first one is growth- oriented approach. It is based on the expectation that the effects of economic growth — rapid increase in gross domestic product and per capita income — would spread to all sections of society and will trickle down to the poor sections also. This was the major focus of planning in the 1950s and early 1960s. It was felt that rapid industrial development and transformation of agriculture through green revolution in select regions would benefit the underdeveloped regions and the more backward sections of the community."