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The Eighth Five Year Plan (1992-97) is notable in India's planning history primarily because it:

The Eighth Five Year Plan (1992-97) is notable because it followed the 1991 reforms and moved India towards indicative planning, with a larger role for markets and the private sector. The Mahalanobis model, Garibi Hatao and NITI Aayog relate to other periods.

  1. AWas launched alongside the 1991 economic reforms and shifted towards indicative planning with a greater role for the marketCorrect
  2. BIntroduced the Mahalanobis model for the first time
  3. CWas based on the strategy of Garibi Hatao as its central slogan
  4. DWas the first plan to be prepared by NITI Aayog

Explanation

The Eighth Plan came after the 1991 reforms and moved from directive to indicative planning, giving the private sector and markets a larger role. The Mahalanobis model belongs to the Second Plan, and Garibi Hatao was associated with the Fifth Plan period. NITI Aayog was created in 2015.

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