Explanation: The Eighth Plan (whose term would have been 1990–95) could not take off due to the ‘fast-changing political situation at the Centre’.

• The new government, which assumed power at the centre in June 1991, decided to commence the Eighth Plan for the period 1992–97 and that the fiscals 1990–91 and 1991–92 should be treated as two separate Annual Plans.
• The two consecutive Annual Plans (1990–92) were formulated within the framework of the approach to the Eighth Plan (1990– 95) with the basic thrust on maximization of employment and social transformation.

Source: Ramesh Singh