The document summarizes the key aspects of India's 4th Five Year Plan presented by Prakash Chandra Mallick. It discusses that the 4th plan was initially focused on industrial development but funds had to be diverted for war needs. The objectives were to reform government spending, facilitate export growth, and alter socio-economic structure due to droughts and wars. The total outlay was Rs. 24,882 crores with priority on education expansion, tribal and backward class welfare, and making agriculture the main focus through initiatives like the Green Revolution.