The planning process in the industrial sector in India has assumed a relatively less important position in the nineties as compared to that in the earlier period. Which one of the following is not true in this regard ?

Option 4 is not true because industrial development did not get abandoned for rural development in the 1990s. The 1991 reforms actively opened the economy to foreign multinationals and encouraged private sector investment, keeping industrialisation central to policy [2]. Furthermore, the text notes that industrial complexes—EPZs, SEZs, technology and software parks—continued to be promoted by central and state governments, underscoring continued emphasis on industrial growth even after liberalisation [3]. Thus, while planning changed form (toward indicative planning) and social and regional concerns received attention, the nation’s priorities did not shift away from industrial development wholesale, making option 4 incorrect based on the cited sources [3].

Sources

1. [1] Geography of India ,Majid Husain, (McGrawHill 9th ed.) > Chapter 11: Industries > Eighth Five-Year Plan (1992–97) > p. 4
2. [2] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 6: Economic Planning in India > LPG (LIBERALISATION, PRIVATISATION AND GLOBALISATION) STRATEGY > p. 136
3. [3] Geography of India ,Majid Husain, (McGrawHill 9th ed.) > Chapter 11: Industries > Industrial Complexes in India > p. 114