Q. Consider the following statements regarding the Rolling Plans (1978–1980):
  1. They were introduced by the Janata government after abolishing the Fifth Plan in 1978.
  2. Unlike fixed Five-Year Plans, their targets were revised each year.
  3. The approach ensured long-term stability in India's planning process.
  4. This system ended in 1980 when Indira Gandhi returned as Prime Minister.
Which of the above statements is / are correct?

Answer: Only 1, 2, and 4
Notes: The Rolling Plans were introduced by the Janata government replacing the Fifth Plan in 1978, and targets were revised yearly. The system was ended in 1980 when Indira Gandhi returned to power. However, this approach led to planning instability, not long-term stability. Thus, statements 1, 2, and 4 are correct; statement 3 is incorrect.
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📌 Question Number: 38 in 60: History of Indian Economy, Features, Economic Policy and Planning in the above course in App.