Question

Which five year plan also known as ‘Gadgil Yojana'
(A) Second five-year plan
(B) Third five-year plan
(C) fourth five-year plan
(D) fifth-year plan

Answer 1

Hint:
 Gadgil yojana was implemented for distribution of plan transfer amongst the states. This yojana aim was the development of agriculture as well as to enhance the production of wheat. After The India war in 1962, the condition of the economy decreased and shifted the spotlight towards the Defense industry. Gadgil yojana's purpose was to solve the problem of economic crisis.

Complete step by step solution:
 Gadgil yojana started by the social scientist Dhananjay Ramchandra Gadgil. Gadgil yojana was formulated with the formulation of the third five-year plan. National Development Council (NDC) provides the final approval to the third five-year plan in India. In Gadgil yojana to expand the primary industries, those are chemical industries, steel, power and fuel, etc. Develop the agriculture system and to make the use of workforce resources ultimately and to guarantee a substantial expansion in service opportunities.
Implementation of the third five-year plan was run into many difficulties like the problem in this plan was the Sino-Indian conflict and then, the Indo-Pakistan hostilities in the concluding stage of the program. The problem of inflation, population.

Hence, the correct answer is option B.

Additional information: Gadgil yojana plan will get a report about the victories as well as failures in the 1st two plans. It will also set the tasks to be proficient in the viewpoint of growth over the next 15 years and more.

Note:
 Gadgil yojana implemented for economic growth and check the report about victories as well as the failure of the 1st two plans. Gadgil yojana has many critics because of the Indian war in 1962. As the planning commission has been dismantled, the Gadgil formula-based grants have also been discontinued. This had been compensated by increasing devolution from the divisible pool.