give reason the first five year plan did not succeed as expected.
Answers
Answered by
8
This plan did not succeed as expected. The economy had to bear the burden of the Bangladesh war. The expenditure over the refugees had to be borne as well. The Indian economy suffered due to the pay raise of government and railway servants and rise in the prices of petrol in the international market.
Answered by
6
Answer:
ᴛʜɪs ᴘʟᴀɴ ᴅɪᴅ ɴᴏᴛ sᴜᴄᴄᴇᴇᴅ ᴀs ᴇxᴘᴇᴄᴛᴇᴅ. ᴛʜᴇ ᴇᴄᴏɴᴏᴍʏ ʜᴀᴅ ᴛᴏ ʙᴇᴀʀ ᴛʜᴇ ʙᴜʀᴅᴇɴ ᴏғ ᴛʜᴇ ʙᴀɴɢʟᴀᴅᴇsʜ ᴡᴀʀ. ᴛʜᴇ ᴇxᴘᴇɴᴅɪᴛᴜʀᴇ ᴏᴠᴇʀ ᴛʜᴇ ʀᴇғᴜɢᴇᴇs ʜᴀᴅ ᴛᴏ ʙᴇ ʙᴏʀɴᴇ ᴀs ᴡᴇʟʟ. ᴛʜᴇ ɪɴᴅɪᴀɴ ᴇᴄᴏɴᴏᴍʏ sᴜғғᴇʀᴇᴅ ᴅᴜᴇ ᴛᴏ ᴛʜᴇ ᴘᴀʏ ʀᴀɪsᴇ ᴏғ ɢᴏᴠᴇʀɴᴍᴇɴᴛ ᴀɴᴅ ʀᴀɪʟᴡᴀʏ sᴇʀᴠᴀɴᴛs ᴀɴᴅ ʀɪsᴇ ɪɴ ᴛʜᴇ ᴘʀɪᴄᴇs ᴏғ ᴘᴇᴛʀᴏʟ ɪɴ ᴛʜᴇ ɪɴᴛᴇʀɴᴀᴛɪᴏɴᴀʟ ᴍᴀʀᴋᴇᴛ.
Similar questions