India’s economy was guided by Five-Year Plans, a central planning approach modeled after the Soviet system. These plans were developed by the Planning Commission of India (now replaced by NITI Aayog).
The Twelfth Five-Year Plan was the last such official plan, and it spanned from 2012 to 2017. It aimed at "Faster, More Inclusive, and Sustainable Growth".
Key goals included:
- Reducing poverty and regional disparities
- Enhancing skill development and employment
- Promoting sustainable agriculture and energy access
Let’s check the options:
- (A) 2007–12 — This was the time frame of the Eleventh Five-Year Plan, not the twelfth. ❌
- (B) 2012–17 — ✔️ Correct. This is the official duration of the Twelfth Five-Year Plan. ✅
- (C) 2010–15 — Incorrect. No plan spanned this period. ❌
- (D) 2006–11 — Also incorrect. It does not correspond to any Five-Year Plan duration. ❌
Therefore, the correct answer is option (B): 2012–17.