Question

what are the main objective of 3rd Five years plan of India?​

Answer 1

Answer:

The Third Five-year Plan stressed agriculture and improvement in the production of wheat, but the brief Sino-Indian War of 1962 exposed weaknesses in the economy and shifted the focus towards the defence industry and the Indian Army. In 1965–1966, India fought a War with Pakistan. There was also a severe drought in 1965. The war led to inflation and the priority was shifted to price stabilisation. The construction of dams continued. Many cement and fertilizer plants were also built. Punjab began producing an abundance of wheat.

Many primary schools were started in rural areas. In an effort to bring democracy to the grass-root level, Panchayat elections were started and the states were given more development responsibilities.

State electricity boards and state secondary education boards were formed. States were made responsible for secondary and higher education. State road transportation corporations were formed and local road building became a state responsibility.

The target growth rate was 5.6%, but the actual growth rate was 2.4%.

Explanation:

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Answer 2

$\huge\mathcal\red{Objective}$

(i) An increase in national income of more than 5% annually. The investment pattern laid down must be capable of sustaining this growth rate in the subsequent years.

(ii) An increase in the agricultural produce and to achieve self-sufficiency by increasing food-grain production.

(iii) Expansion of basic industries, the aim being to meet the requirements arising from increased industrialisation within 10 years by means of available resources.

(iv) Utilising the country’s manpower resource to the maximum and ensuring significant growth in employment.

(v) Greater equality of opportunities, more even distribution of economic power and reducing wealth and income disparities.