Question
Download Solution PDFThe Eighth Five Year Plan of India got delayed due to ___________.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is political uncertainty at the Centre.
Key Points
- Eighth Five-Year Plan of India:-
- It got delayed due to political turmoil at the center as well as the global economic changes and fiscal imbalances of the country in the late 1980s.
- It was originally scheduled to begin in 1990, but it was delayed by two years and finally launched in 1992.
- This was due to a number of factors, including:
- The assassination of Prime Minister Rajiv Gandhi in 1991, which led to a period of political instability.
- The economic crisis of 1991, which forced the government to implement a series of austerity measures.
- The global economic recession of the early 1990s, which reduced demand for Indian exports.
Additional Information
- Five-year plans :
| Plan | Period |
| First Five year Plan | 1951-1956 |
| Second Five year Plan | 1956-1961 |
| Third Five year Plan | 1961-1966 |
| Plan Holidays – Annual Plans | 1966-1969 |
| Fourth Five year Plan | 1969-1974 |
| Fifth Five year Plan | 1974-1978 |
| Sixth Five year Plan | 1980-1985 |
| Seventh Five year Plan | 1985-1990 |
| Annual Plans | 1989-1991 |
| Eighth Five year Plan | 1992-1997 |
| Ninth Five year Plan | 1997-2002 |
| Tenth Five year Plan | 2002-2007 |
| Eleventh Five year Plan | 2007-2012 |
| Twelfth Five year Plan | 2012-2017 |
Last updated on Jun 26, 2025
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