Three Annual Plans instead of one five year plan was implemented during 1966-69.
The duration is described as ‘Plan holiday’.
Failure of third Plan in the devaluation of rupee (to boost exports) along with inflationary recession led to postponement of Fourth FYP.
Three Annual Plans were introduced instead.
Prevailing crisis in agriculture and serious food shortage necessitated the emphasis on agriculture during the Annual Plans.
During these plans a whole new agricultural strategy was implemented.
It involving wide-spread distribution of high-yielding varieties (HYV) of seeds, extensive use of fertilizers, exploitation of irrigation potential and soil conservation.