Which 5 Year Plan Affected by Drought and Two Wars
Third Five Years Plan
Third Five Years Plan was badly hit by drought and two wars. The third five problems and the country faced the toughest economic problem since India adopted economic planning in 1951.
Introduced the Five Year Plan, Jawaharlal Nehru said, “Planning is a continuous movement towards desired goals”. The economy of India is based in part on planning through five-year plans, which are developed, executed and monitored by the planning commission.
The main reason affected to ‘Third Five Year Plan’.
- Attack on India by China in the Year 1962.
- India was struck by drought in 1963.
- For the second time in the year 1971 war between India and Pakistan.