Tn which one of the following Five-Year Plans the actual growth performance in India in respect of GDP (at factor cost) was less than the target set?

The Ninth Five-Year Plan (1997–2002) was launched with a targeted GDP growth rate of 6.5%, but it achieved an actual growth rate of only 5.35% [2][t5]. This shortfall was attributed to a slowdown in the economy during the plan period [c3]. In contrast, the Sixth Five-Year Plan (1980–85) exceeded its target of 5.2% with an actual growth of 5.7% [c4][c5]. The Seventh Five-Year Plan (1985–90) also outperformed its 5.0% target, achieving 6.0% growth [c1][c4]. The Eighth Five-Year Plan (1992–97), which followed the 1991 economic reforms, was highly successful, achieving a growth rate of approximately 6.7% to 6.8% against a target of 5.6% [t5][t8]. Therefore, among the given options, only the Ninth Plan failed to meet its growth target, reflecting the impact of the East Asian financial crisis and domestic factors.

Sources

1. [2] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 6: Economic Planning in India > FIVE YEAR PLANS IN INDIA > p. 141