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The Gadgil Formula, which decentralized the allocation of central assistance for state plans, was introduced in which Five Year Plan?

AThird Five Year Plan

BFourth Five Year Plan

CFifth Five Year Plan

DSixth Five Year Plan

Answer:

B. Fourth Five Year Plan

Read Explanation:

  • The Gadgil Formula was introduced during the Fourth Five Year Plan to decentralize the allocation of central financial assistance, requiring states to strengthen planning capacity at local levels.

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