Q121
Indian EconomyPlanning, Economic Reforms & Policy
The Eighth Plan was postponed by two years because of
- a.political changes at the centre.
- b.delay in approval.
- c.foreign exchange crisis.
- d.domestic disturbances at state levels.
Answer: (A) political changes at the centre.
The Eighth Plan due in 1990 could not start because of frequent changes of government at the Centre in 1989–91, so annual plans were run for 1990–91 and 1991–92 and the Plan began in 1992. The foreign exchange crisis of 1991 was a contemporary event but not the reason given for the postponement.