Question : What was the primary objective of the First Five-Year Plan in India?
Option 1: Poverty alleviation
Option 2: Industrialization
Option 3: Agricultural development
Option 4: Infrastructure development
Correct Answer: Industrialization
Solution : The correct answer is (b) industrialization.
The First Five-Year Plan, which was implemented from 1951 to 1956, aimed to promote industrialization as a means to achieve overall economic development in India. The plan recognized the importance of developing a robust industrial sector to address the country's economic challenges and reduce dependence on agriculture.
The First Five-Year Plan emphasized the establishment and expansion of key industries such as steel, coal, machinery, and chemicals. The plan aimed to accelerate the growth of these industries through government intervention, public sector investments, and the creation of industrial infrastructure.
