Consider the following statements: I. The Second Five-Year Plan sought to promote development which would establish socialistic pattern of society in India. II. Between 1966 and 1969, three Annual Plans were formulated. III. The Ninth Five-Year Plan could not take off at its stipulated time in the 60th year of India's Independence. Which of the statements given above are correct?
A. I and II only
Statement I is correct. The Second Five-Year Plan (1956-1961) was based on the Mahalanobis model and aimed at establishing a socialistic pattern of society, following the resolution passed at the Avadi session of the Indian National Congress in 1955. Statement II is correct. The period between 1966 and 1969 is known as the Plan Holiday. Due to the Indo-Pak war, drought, and inflation, the Fourth Five-Year Plan was postponed, and three Annual Plans were formulated during this period. Statement III is incorrect. The Eighth Five-Year Plan (not the Ninth) could not take off at its stipulated time in 1990 due to political instability at the centre, leading to two Annual Plans for 1990-91 and 1991-92. The Ninth Five-Year Plan was launched on schedule in 1997, which marked the 50th year of India's Independence, not the 60th. Therefore, only statements I and II are correct. Answer: I and II only
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