Home > Economics Questions and Answers > Which one of the following was the Eighth Five-Year Plan period in India?
Which one of the following was the Eighth Five-Year Plan period in India?
A
1990-1995
B
1992-1997
C
1993-1998
D
1994-1999
Correct Answer:
B
1992-1997
- The Eighth Five-Year Plan was implemented in India from 1992 to 1997.
- It was launched after the 1991 economic crisis and reforms.
- The plan worked under Prime Minister P. V. Narasimha Rao.
- Main goals were economic growth, employment generation, and modernization.
- Special focus was given to education, health, infrastructure, and industrial development.
- The plan promoted liberalization and private sector participation in the economy.
- India achieved better economic growth during this period.
- The Eighth Plan is important because it started the era of a market-oriented economy in India.