Question
State the immediate objectives of third five-year plan.
Solution
The immediate objectives were as followings:
1. To secure an increase in the national income of over five percent and at the same time ensure a pattern of growth in the subsequent plans periods.
2. To achieve self-sufficiency in food grains and increase agricultural production to meet the requirement of industry and exports.
3. To expand basic industry like steel, chemicals, fuel and power and establish machine building capacity so that these requirements of further industrialisation could be meet within a period of 10 years.
4. To utilise the manpower resources of the country and ensure substantial expansion in employment opportunities.
5. To establish progressively greater equality of opportunity and bring out the reduction in disparities of income and wealth.
