QuestionEconomy / planning
Which of the following Five Year Plans emphasized the need for establishing a “Socialist Pattern of Society” in India?
- (a) 2nd Five Year Plan
- (b) 3rd Five Year Plan
- (c) 4th Five Year Plan
- (d) 5th Five Year Plan
Answer: (a) 2nd Five Year Plan
The 2nd Five Year Plan (1956–61, Mahalanobis model) stressed heavy industry and adopted the goal of a 'socialistic pattern of society' set by the Avadi session of Congress (1955) and Parliament (1954).