Role of Planning Strategy in Removing Poverty and Unemployment in India
‘The Fifth FYP (1974-79) was introduced at a time when India was in deep economic crisis due to global hike in crude oil prices. Since the planners were interested in the slogan of ‘garibi hatao’ and attainment of self-reliance it was envisaged to achieve these objectives through better distribution of income, higher rates of growth and by direct attack on the problem of unemployment, underemployment and acute poverty.The Fifth Plan was terminated by the new Janata Party government one year before its completion and the Sixth FYP was adopted. In fact, India had two Sixth FYPs practically (1978-83 and 1980- 85). The Sixth FYP adopted by the Janata Party (1978- 83) was discarded in 1980 with the change in government at the centre.The Sixth Plan (1978-83) admired the achievements of…