The Third Five-Year Plan was launched in India from 1961 to 1966. It aimed to promote economic growth and self-reliance. The plan focused on agriculture, industry, and infrastructure development. It sought to reduce poverty and improve living standards. However, it faced challenges like drought and political instability. Ultimately, the plan was not fully successful in achieving its objectives.
The Plan began amidst three problems'influx of refugees, food shortage, and mounting. Harrod - Domar growth model was adopted. The objectives of the Plan include To correct the...
