Consider the following statements: I. The Second Five-Year Plan sought to promote development which would establish socialistic pattern of society in India. II. Between 1966 and 1969, three Annual Plans were formulated. III. The Ninth Five-Year Plan could not take off at its stipulated time in the 60th year of India's Independence. Which of the statements given above are correct?

Statements I and II are correct. The Second Five-Year Plan (1956-61), based on the Mahalanobis model, sought to establish a socialistic pattern of society in India by emphasizing heavy industries in the public sector. Between 1966 and 1969, three Annual Plans (Plan Holiday) were formulated due to the Indo-Pak war, droughts, and economic crisis. Statement III is incorrect — the Ninth Five-Year Plan ran from 1997 to 2002, which was around the 50th year of Independence (1997), not the 60th. It was actually the Eleventh Plan that began in the 60th year period, and it began on time.