Analyse the growth in the National Income of India over the different plan periods.

Word Count : 419

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The National Income of India has grown over the different plan periods, with varying rates of growth.

The First Five-Year Plan (1951-1956) focused on agriculture and irrigation, with a target growth rate of 2.1%. The actual growth rate was 2.6%.

The Second Five-Year Plan (1956-1961) focused on the development of heavy industries, with a target growth rate of 4%. The actual growth rate was 3.6%.

The Third Five-Year Plan (1961-1966) emphasized on the development of infrastructure and basic industries, with a target growth rate of 5.6%. The actual growth rate was 3.6%.

The Fourth Five-Year Plan (1969-1974) focused on the development of the public sector, with a target growth rate of 4.4%. The actual growth rate was 3.3%.

The Fifth Five-Year Plan (1974-1979) emphasized on self-reliance and import substitution, with a target growth rate of 4.4%. The actual growth ______ ______ __ _____________ _______ _________ ________ __ ________ ____.
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Degree : BACHELOR DEGREE PROGRAMMES
Course Name : BACHELOR OF ARTS
Course Code : BAG
Subject Name : Indian Economy – I
Subject Code : BECE 145
Year : 2022 2023