In which Five-Year Plan was the process of economic reforms introduced in India? 

The correct answer is Eighth.

Key Points

• Eighth Five Year Plan:-
  • In India was implemented from 1992 to 1997.
  • It aimed to achieve a growth rate of 5.6% per annum and focused on economic liberalization, industrial development, and infrastructure improvement.
  • The plan emphasized the role of private sector participation, globalization, and market-oriented reforms.
  • The process of economic reforms in India was introduced during the Eighth Five-Year Plan (1992-1997).
  • This period marked a significant turning point in India's economic policies, with the initiation of liberalization measures aimed at opening up the economy, encouraging private investment, and reducing government intervention in various sectors.

Additional Information

• Five-year plans :​

• Plan	Period
  First Five year Plan	1951-1956
  Second Five year Plan	1956-1961
  Third Five year Plan	1961-1966
  Plan Holidays – Annual Plans	1966-1969
  Fourth Five year Plan	1969-1974
  Fifth Five year Plan	1974-1978
  Sixth Five year Plan	1980-1985
  Seventh Five year Plan	1985-1990
  Annual Plans	1989-1991
  Eighth Five year Plan	1992-1997
  Ninth Five year Plan	1997-2002
  Tenth Five year Plan	2002-2007
  Eleventh Five year Plan	2007-2012
  Twelfth Five year Plan	2012-2017

Important Points

•  In 1978, the Janta Party came to power, and the 5th Five Year Plan was terminated.
• There was a rolling plan from 1978-80.