GK
HIMACHAL PRADESH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Industries construction
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Banking construction
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Road construction
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Forestation
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Detailed explanation-1: -More than 50% of this expenditure was spent on transport facilities since it was felt that without proper it, the process of planning and development couldn’t be carried. ₹1.92 lakh crore (US$24 billion) (2022-23 est.) 0.49% of GSDP (2022-23 est.) 4.98% of GSDP (2022-23 est.)
Detailed explanation-2: -Due to this, the first five-year plan is also called Domer-Mahalanobis Model. In this plan, highest priority was given to the Agriculture, Irrigation and Power Projects.
Detailed explanation-3: -The First Five-Years Plan’s main focus was on agricultural development.
Detailed explanation-4: -Overcome these shortfalls, the First 5-Year Plan gave a predominant importance to the development of agriculture and irrigation out of a total actual investment of Rs. 1960 crores made in the first plan. Rs. 601 crores i.e. 31% was allocated for agriculture.