Mention three achievements and three failures each of planning from 1950 till 1990
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This would come under politics so, mark the correct one next time
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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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