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to what extent have the plan succeeded in accelerating the pace of growth of the indian economy​

Answer 1

Explanation:

plans succed him acclerating the phase of growth of Indian economy?

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The below mentioned article provides an essay on planning in India (1951 – 1991).

Introduction:

At the time of independence India was a backward underdeveloped country. There was a lot of exploitation of India during the British colonial rule.

This made Indian people very poor. The aim of freedom struggle was not mere gaining political freedom from the British rule but also to attain economic freedom for the Indian people. Economic freedom implies the removal of mass poverty that prevailed in India.

Answer 2

The five year plans launched in india succeeded in accelerating the pace of economic growth.

Explanation :

The Indian economy carried out five phases of planning that were developed, execute, and monitored by the planning commission and NITI ayog.  

• These plans are centralised and integrated national economic plans and played a great role in the development of the Indian economy.

• They supported agriculture production, launched industrialisation, with the focus on heavy industries. Played a great role in welfare management.  

• Such as allocation of irrigation and energy, agriculture and community development, transport and communication, and various social sectors.  

• The first five year plan had a target of 2.1% with 3.6% of net domestic product. It helped in boosting exchange services and per capita incomes.  

• The second plan focused on the public sector. The third plan stressed on the production of wheat, and focus on defence industry. The fifth plan focused on poverty alleviation and justice.  

• Thus all plans launched by the government helped India accelerate in pace to economic growth and development.

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