In which five year plan india opted for mixed economy?
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hey:)
____
india opted mixed economy
in
industrial policy of 1948
____
india opted mixed economy
in
industrial policy of 1948
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The mixed economy was a part of the second five-year plan.
Explanation:
- The five-year plans are approved by the National Development Council. The ‘first five-year plan’ of India started in 1951.
- The very ‘first five-year plan’ of India was based on the model of Bombay plan. The mixed economy was part of the ‘second five-year plan’.
- The main objective of the first ‘five-year plan’ of India was the development of Agriculture. The ‘5th five-year plan’ gave the ‘slogan of Garibi hatao’.
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