Five year plan in India was borrowed from
a) Soviet Russia b) United States ofAmerica
c) United Kingdom d) United Arab Emirates
TNSCERT Class 10 Economics Ch 2 Indian Economy After Independence
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Five year plan in India was borrowed from Soviet Russia (USSR).
Five year plan is a government plan for the economic development of the country over a period of five years.
The five year plan was first implemented in Russia by General secretary Joseph Stalin in 1928. Many countries have adopted the FYP including India. It was first launched in India by former Prime minister of India Jawahar lal Nehru in 1951.
India has launched 12 five year plans so far. The last one ended in 2017. The present NDA goverment has replaced the Planning commission with NITI Aayog(National Institution for Transforming India)
Five year plan is a government plan for the economic development of the country over a period of five years.
The five year plan was first implemented in Russia by General secretary Joseph Stalin in 1928. Many countries have adopted the FYP including India. It was first launched in India by former Prime minister of India Jawahar lal Nehru in 1951.
India has launched 12 five year plans so far. The last one ended in 2017. The present NDA goverment has replaced the Planning commission with NITI Aayog(National Institution for Transforming India)
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Soviet Union
⇒For sure the correct answer is option (a) i.e. Soviet Union. The five year plan in India was borrowed from the Soviet Union or Soviet Russia or USSR or Union of Soviet Socialist Republics.
⇒Actually, Indian Constitution was borrowed from the already existing constitution of various countries as present at that time.
⇒It was done because India was a country with diversities in various fields. This plan was presented to the Parliament of India by our first prime minister Mr. Jawaharlal Nehru.
⇒This plan was first launched in India in 1951 and was mainly concerned with the development of the primary sector.
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