English Dictionary

Definition of “Five-Year Plan”

Five-Year Plan

(formerly in socialist economies) a government plan for economic development over a period of five years

The Seventh Five-Year Plan (1985-90) was cleared by the cabinet only in 1989, rendering it ineffective.

India Today (1999)

{ Five-Year Plan } A government plan for economic development over a period of 5 years.

Thackrah, J. R. Twentieth Century History - Basic Facts

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