Question

Which plan declared its objective of self reliance and zero net foreign aid?

Answer 1

*fourth 5 year plan* declared it's objective of self reliance and zero net foreign

Answer 2

Fourth 5-year plan declared its objective of self reliance and zero net foreign aid. This plan was launched by Indira Gandhi to overcome the pressure of drought, devaluation and inflationary recession.

At that time India was going through a hard time while fighting with issues like unemployment, population explosion, poverty and a shackling economy.

This plan was introduced with an aim of achieving 5.5% growth, but obstacles like the Indo-Pakistan war, problems of Bangladesh refugees etc. led to a failure of its objectives.