The Eighth Five Year Plan is different from the earlier ones

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The Eighth Five Year Plan is different from the earlier ones.

The critical difference lies in the fact that

I.A.S. (Pre) 1996

[Fiscal Policy, Inflation Planning and Banking]

it has a considerably larger outlay compared to the earlier plans

it has a major thrust on agricultural and rural development

considerable emphasis is placed on infrastructure growth

industrial licensing has been abolished

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