Economy, asked by ayushbb, 7 months ago

Mention three achievements and three failures each of planning from 1950 till 1990

Answers

Answered by iamthemachoman710
3

This would come under politics so, mark the correct one next time

Answer:

Achievements of Five Year Plans

  • Increase in National Income
  • Increase in Per Capita Income
  • Increase in Rate of Capital Formation
  • Growth of Agricultural Sector
  • Development of Industries
  • Development of Economic Infrastructure
  • Development of Social Infrastructure

Failures of Plans are

  • No Substantial Increase in the Standard of Living
  • Rise in Prices
  • Increase in Unemployment
  • Inadequate Increase in Production
  • Inadequate Development of Infrastructure
  • Inefficient Administration
  • High Capital Output Ratio

Hey, I'm sorry… IDK from which years but these are common

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