Question

In which five year plan John Sandy and Chakravarthy model was used?

• A. First Five Year Plan
• B. Second Five Year Plan
• C. Third Five Year Plan
• D. None of the above

Answer 1

Answer:

C. Third Five Year Plan

• The John Sandee model was actually used in India's Third Five - Year Plan ( 1961-1966)

• The Third Five-Year Plan focused on :

1. Rapid industrialization

2. Infrastructure development

3. Self - reliance

• The John Sandee model helped allocate resources, identify sectoral priorities and project growth trajectories.

• Key aspects of the model :

1. Input - output analysis

2. Inter - industry linkage analysis

3. Sectoral growth projections

• The Third Five - Year Plan aimed to :

1. Double national income in 10 years

2. Achieve self- sufficiency in food grains

3. Expand basic industries ( steel , cement , fertilizers )