Question:
In which five year plan John Sandy and Chakravarthy model was used?
AFirst Five Year Plan
BSecond Five Year Plan
CThird Five Year Plan
DNone of the above
Answer:
C. Third Five Year Plan
Explanation:
The John Sandee model was actually used in India's Third Five - Year Plan ( 1961-1966)
The Third Five-Year Plan focused on :
Rapid industrialization
Infrastructure development
Self - reliance
The John Sandee model helped allocate resources, identify sectoral priorities and project growth trajectories.
Key aspects of the model :
Input - output analysis
Inter - industry linkage analysis
Sectoral growth projections
The Third Five - Year Plan aimed to :
Double national income in 10 years
Achieve self- sufficiency in food grains
Expand basic industries ( steel , cement , fertilizers )