Economy, asked by jenifersima3226, 1 year ago

Breif summary of five year plansmodel of 8th five year plan

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Answered by nehakumariestp7fsbw
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The plan followed the Mahalanobismodel, an economic developmentmodel developed by the Indian statistician Prasanta Chandra Mahalanobis in 1953. The planattempted to determine the optimal allocation of investment between productive sectors in order to maximise long-run economic growth
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