Which of the following was the main focus of our first five year plan?
a-cost of food grains.
b-land reforms.
c-Industrialization.
d-globalization
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option A is the correct answer
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The main focus of the first year plan was to consider the cost of food grains.
- The first-year plan was formulated in the year 1951-56. It was the Harrod-Domar model of the economics of development.
- It represented an ambitious plan, intended to cater to significant harm caused by the famine in 1943, war, and the partition of 1947.
- The growth of the agriculture sector has been given top priority. The idea was farm production would lead to higher economic growth rates.
- In addition, the Government's key objective was to facilitate a rapid rise in the standard of living of people through the efficient utilization of the country's resources, the increase in productivity and the provision of job opportunities to all in the service of the nation.
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