The Five Year Plan was first launched in
China
USSR
India
Bhutan
Answer is Right!
Answer is Wrong!
This question was previously asked in
UPSC NDA-2 – 2020
The concept of the Five Year Plan was first launched in the USSR.
The first comprehensive Five-Year Plan (Piatiletka) was implemented in the Soviet Union by Joseph Stalin in 1928. This system of centralized planning for economic development was later adopted by various socialist and developing countries, including India.