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WBCS Main Examination 2023 — Paper V: Indian Constitution and Economy · Question 142 of 200

Q142
Indian EconomyPlanning, Economic Reforms & Policy
What was the reason behind the 1966-69 Plan Holiday?
  1. a.Two years of drought
  2. b.Lack of resources
  3. c.Increase in inflationary pressures
  4. d.All of the above

Answer: (D) All of the above

After the Third Plan failed, successive droughts in 1965–67, the 1965 war, devaluation, shortage of resources and rising inflation forced the Government to run three annual plans in 1966–69 instead of a Fourth Plan. All the listed causes contributed.