Seventh Five-Year Plan (1985–1990)
Following were the main aspects of Seventh Five Year Plan:
Seventh Plan manifested the retort of Congress Party to power. The Seventh Five Year plan laid impetus on improving the efficiency level of industries by advancement of technology.
The main objectives of Seventh Five year plans were to institute expansion in areas of growing economic productivity, generating employment and production of food grains.
As a result of 6th five - year plan, there had been stable augmentation in agriculture, control on rate of Inflation & favourable balance of payments which had offered a strong base for the seventh five Year plan to fabricate on the need for further economic growth. The Seventh Five Year Plan had strived towards socialism & energy production at large.
The Target Growth during seventh five year plan was 5.0% and Actual Growth was 5.7%.
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