S1: One of the ironies of the Indian economy's consistent under-performance is that it has been planned. S6: As planning prospered, regional imbalances widened and competitiveness and free enterprise were crushed-defeating the fundamental purpose of planned development. P: It is another matter that in each of the nine Five- Year Plans, barring the first, more targets were missed than met. Q: Within two months of India becoming a Republic, the Planning Commission was set up to prepare a blueprint for India's future, roughly once in five years. R: Yet the process of planning didn't change and excuses were found wars and droughts in the 1960s, war and oil shocks in the 70s. S: Elaborate models were developed, backed by immaculate calculations, on the investments and policies required to achieve the targets. The correct sequence should be: