India's journey as an independent nation began with a strong emphasis on planned economic development. The First Five-Year Plan, launched in 1951 and concluding in 1956, laid the foundation for this development strategy. Understanding the context of post-independence India is key to grasping the priorities of this initial plan.
Following the partition and the challenges of nation-building, India faced critical issues such as food shortages, poverty, and the need to rebuild its economic structure. The First Five-Year Plan was designed to address these immediate concerns and set the country on a path towards self-sufficiency and growth. The core objectives included:
Given the predominantly agrarian nature of the Indian economy at the time and the pressing need for food security, the primary focus of India's First Five-Year Plan (1951-56) was directed towards the Agriculture and Irrigation sectors. Key reasons for this focus included:
While other sectors like industry and infrastructure were acknowledged as important for long-term growth, the immediate and critical needs of agriculture and irrigation required the largest share of resources and attention during this foundational period.
As per the Economic Survey 2020-21, India's real GDP growth is estimated to contract by ______ in financial year 2020-2021.
The Government of India has set a target of achieving how much solar power capacity by the year 2022?
Which of the following statements about the detailed corporate governance norms for listed companies issued in April 2014 by SEBI is/are correct?
1. It provides for stricter disclosures and protection of investor rights, including equitable treatment for minority and foreign shareholders
2. Under the new norms listed companies are required to provide the option of facility of e-voting to shareholders on all resolutions proposed to be passed at general meetings
Select the correct answer using the code given below.
Pradhan Mantri Jan-Dhan Yojana (PMJDY ) now has in excess of 472 million accounts. Which state has topped this List (as on October 12, 2022)?
In 2018, what was the investment in infrastructure as a percentage of GDP in India?