GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Fourth Five Year Plan
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Fifth Five Year Plan
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Sixth Five Year Plan
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Eighth Five Year Plan
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Detailed explanation-1: -It was established on 12th July. 1982 in sixth five year plan by a special act by the parliament and its main focus was to uplift rural India by increasing the credit flow for elevation of agriculture and rural non-farm sector.
Detailed explanation-2: -NABARD launched the Farmers’ Club Programme in November 1982 (till 2005, it was called “Vikas Volunteer Vahini”) for propagating the principle of “development through credit, technology transfer, awareness and capacity building”. More than 1.43 lakh farmers’ clubs have so far been launched.
Detailed explanation-3: -Sixth Plan (1980–1985) This was the end of Nehruvian socialism. The National Bank for Agriculture and Rural Development was established for development of rural areas on 12 July 1982 by recommendation of the Shivaraman Committee.