GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Rolling Plan Concept in national planning was introduced by:
A
Indira Gandhi Government
B
The National Front Government
C
The Janata Party Government
D
Rajiv Gandhi Government
Explanation: 

Detailed explanation-1: -Rolling plan was introduced by the Janata party which formed government led by Moraarji Desai. It rejected the Fifth five year Plan of the preceding Congress government and launched the rolling plan which could be revised as per the needs of the economy due to the inherent flexibility in the plan.

Detailed explanation-2: -The rolling plan concept was coined by Gunnar Myrdal. This plan was rejected again by the Indian National Congress government when it came to power in 1980 and a new sixth plan was made.

Detailed explanation-3: -The term “rolling planning” describes a form of planning in which the planning already done is reviewed and, if necessary, updated after certain time intervals throughout the year.

There is 1 question to complete.