FIVE YEAR PLANS OF INDIA

FIVE YEAR PLANS OF INDIA

Derived from russia (then USSR)

12 Five year plan launched so far.
12 Five year plan will be the last five year plan because since 2017 the government of (NITI) Aayug has decided to stop launching of five year plan in India.

FIRST FIVE YEAR PLAN:

• Jawahar lal nehru presented the first plan to the parliament on december8 1951- 1956.
• "Harrod - 'Domar " model"
• Agricultural development at the country.
• 3.6% grouth rate. 

SECOND FIVE YEAR PLAN:

• 1956-1961.
• Based on "P.C Mahalanobis model".
• Focus was Industrial development.
• 4.1% growth rate

THIRD FIVE YEAR PLAN:

• 1961-1966.
• Called "Godgil yojina".
• Economy Independent.
• Due to china war would not achieve the grouth rate target of 5.6%

PLAN HOLIDAY:

• 1966-1969.
• ]Reason behind their was.
• India pakistan war and failure of 3rd five year plan.

FOURTH FIVE YEAR PLAN:

• 1969-1974
• Grouth eith stebility and self reliance.
• Slogan "GARRIBI HATAO".
• During 1971 elections by indira gandhi 
• 3.3% growth

FIFTH FIVE YEAR PLAN 

• 1974-1979.
• Agriculture.
• 4.8% growth
• Dhar plan terminated in 1978 Rolling plan : 1978-78

SIXTH FIVE YEAR PLAN:

• 1980-1985
• Poverty eradication and technological self reliance.
• 5.7% growth

SEVENTH FIVE YEAR PLAN:

• 1985-1990.
• Suffucient economy, productive employment.
• Private sets got priority over publisector.
• 6.0% growth rate

EIGHT FIVE YEAR PLAN :

• 1992-1997
• Development of human resources.
• Narasimharao
• 5.6% growth rate

NINTH FIVE YEAR PLAN:

• 1997-2002
• Grouth with justice and equlity.
• 50th year of indipendence of india.
• 5.6% growth rate

TENTH FUVE YEAR PLAN :

• 2002-2007.
• Double per capita income.
• Poverty.
• 7.2% growth rate

ELEVENTH FIVE YEAR PLAN:

• 2007-2012
• C.Rangarajan
• "Faster and morinclusive growth.
• 7.9% growth rate

TWELTTH FIVE YEAR PLAN :

• 2012-2017
• "Fast and more inclusive and substainble grouth "
• 8% growth    

Categories: GENERAL AWARENESS