India has launched 11 five year plans so far and 12th is in progress. So 12th five year plan would be called the last five year plan of India. . five year plans in india summary, objectives five year plans of india, five year. In a developing economy like India, more than 65% of the Indian population Five Year Plans with an objective to enhance the contribution of agriculture to. Dear Readers & Aspirants,We collected some information about Five Years Plans of India and provide you in a PDF Format. We hope, it will. From to , the Indian economy was premised on the concept of planning. This was .. Archived from the original (PDF) on 22 September Thinking on economic planning started quite early in India. i.e. immediately after the announced in each five year plan the ongoing and already committed long term objectives .. (Summary Record, Planning Commission), New Delhi, P
Related videosFive year plans - History of 1st to 12th Five year plans of India - NITI Aayog & Planning Commission
List of all Five Year Plans of India
From tothe Indian economy was premised on the concept of planning. With the prime minister as the ex-officio chairman, the commission has a nominated deputy chairman, who holds the rank of a cabinet Minister.
Montek Singh Ahluwalia is the last deputy chairman of the commission resigned on 26 May The Twelfth Plan completed its term in March Revised versions of the formula have been used since then to determine the allocation of central assistance for state plans.
Most communist states and several capitalist countries subsequently have adopted them. The First Five-Year Plan was one five year plans in india summary pdf the most important, because it had a great role in the launching of Indian development after Independence. Thus, it strongly supported agriculture production and also launched the industrialization of the country but less than the Second Five year plans in india summary pdf, which focused on heavy industries.
It built a particular system of mixed economywith a great role for the public sector with an emerging welfare stateas well as a growing private sector represented by some personalities as those who published the Bombay Plan. The First Five-year Plan was launched in which mainly focused in development of the primary sector.
The total planned budget of Rs. The most important feature of this phase was active role of state in all economic sectors. Such a role was justified at that time because immediately after independenceIndia was facing basic problems—deficiency of capital and low capacity to save.
The target growth rate was 2. National income increased more than the per capita income due to rapid population growth. Many irrigation projects were initiated during this period, including the BhakraHirakudMettur Dam and Damodar Valley dams.
The World Health Organization WHOwith the Indian governmentaddressed children's health and reduced infant mortalityindirectly contributing to population growth. At the end of the plan period infive Indian Institutes of Technology IITs were five year plans in india summary pdf as major technical institutions. The University Grants Commission UGC was set up to take care of funding and take measures to strengthen the higher education in the country.
Contracts were signed to start five steel plants, which came into existence in the middle of the Second Five-Year Plan.
The plan was quasi-successful for the government. The Second Plan focused on the development of the public sector and "rapid Industrialisation". The plan followed the Mahalanobis modelan economic development model developed by the Indian statistician Prasanta Chandra Mahalanobis in The plan attempted to determine the optimal allocation of investment between productive sectors in order to maximise long-run economic growth.
It used the prevalent state-of-the-art techniques of operations research and optimization as well as the novel applications of statistical models developed at the Indian Statistical Institute. The plan assumed a closed economy in which the main trading activity would be centred on importing capital goods. Hydroelectric power projects and five steel plants at BhilaiDurgapurand Rourkela were established with the help of Russia, Britain the U.
K and West Germany respectively. Coal production was increased. More railway lines were added in the north east. Ina talent search and scholarship five year plans in india summary pdf was begun to find talented young students to train for work in nuclear power.
This amount was allocated among five year plans in india summary pdf sectors: The target growth rate was 4. The Third Five-year Plan, stressed agriculture and improvement in the production of wheat, but the brief Sino-Indian War of exposed weaknesses in the economy and shifted the focus towards the defence industry and the Indian Army.
In —, India fought a War with Pakistan. There was also a severe drought in The war led to inflation and the priority was shifted to price stabilisation. The construction of dams continued. Many cement and fertilizer plants were also built.
Punjab began producing an abundance of wheat. Many primary schools were started in rural areas. In an effort to bring democracy to five year plans in india summary pdf grass-root level, Panchayat elections were started and the five year plans in india summary pdf were given more development responsibilities.
State electricity boards and state secondary education boards were formed. States were made responsible for secondary and higher education. State road transportation corporations were formed and local road building became a state responsibility.
The target growth rate was 5. Due to miserable failure of the Third Plan the government was forced to declare "plan holidays" from —67, —68, and — Three annual plans were drawn during this intervening period. During —67 there was again the problem of drought. Equal priority was given to agriculture, its allied activities, and industrial sector. The government of India declared "Devaluation of Rupee" to increase the exports of the country.
The main reasons for plan holidays were the war, lack of resources, and increase in inflation. At this time Indira Gandhi was the Prime Minister. The Indira Gandhi government nationalised 14 major Indian banks and the Green Revolution in India advanced agriculture.
In addition, the situation in East Pakistan now Bangladesh was becoming dire as the Indo-Pakistan War of and Bangladesh Liberation War took funds earmarked for industrial development.
India also performed the Smiling Buddha underground nuclear test Pokhran-1 in Rajasthan on May 18,partially in response to the United States deployment of the Seventh Fleet in the Bay of Bengal. The fleet had been deployed to warn India against attacking West Pakistan and extending the war. The plan also focused on self-reliance in agricultural production and defence.
In the newly elected Morarji Desai government rejected the plan. The Electricity Supply Act was amended inwhich enabled the central government to enter into power generation and transmission. The Indian national highway system was introduced and many roads were widened to hoedown throwdown music the increasing traffic.
Tourism also expanded. The twenty-point programme was launched in It was followed from to The objective of the programme is to provide certain basic minimum needs and thereby improve the living standards of the people. It is prepared and launched by D. This plan was again rejected by the Indian National Congress government in and a new Sixth Plan was made. The Rolling Plan consisted of three kinds of plans that were proposed. The First Plan was for the present year which comprised the annual budget and the Second was a plan for a fixed number of years, which may be 3, 4 or 5 years.
Plan number two kept changing as per the requirements of the Indian economy. The Third Plan was a perspective plan for long terms i. Hence there was no fixation of dates for the commencement and termination of pc games mario 4 plan in the rolling plans. The main disadvantage of this plan was that if the targets were revised each year, it became difficult to achieve the targets laid down in the five-year period and it turned out to be a complex plan.
Also, the frequent revisions resulted in the lack of stability in the economy. The Sixth Five-Year Plan marked the beginning of economic liberalisation.
Price controls were eliminated and ration shops were closed. This led to an increase in food prices and an increase in the cost five year plans in india summary pdf living. This was the end of Nehruvian socialism. The National Bank for Agriculture and Rural Development was established for development of rural areas on 12 July by recommendation of the Shivaraman Committee.
Family planning was also expanded in order to prevent overpopulation. In contrast to China's strict and binding one-child policyIndian policy did not rely on the threat of force [ citation needed ]. More prosperous areas of India adopted family planning more rapidly than less prosperous areas, which continued to have a high birth rate.
The plan laid stress on improving the productivity level of industries by upgrading of technology. The main objectives atb trilogy album the Seventh Five-Year Plan were to establish growth in areas of increasing economic productivity, production of food grains, and generating employment through "Social Justice".
As an outcome of the Sixth Five-Year Plan, there had been steady growth in agriculture, controls on the rate of inflation, and favourable balance of payments which had provided a strong base for the Seventh Five-Year Plan to build on the need for further economic growth. The Seventh Plan had strived towards socialism and energy production at large. The thrust areas of the Seventh Five-Year Plan were: Based on a year period of striving towards steady growth, the Seventh Plan was focused on achieving the prerequisites of self-sustaining growth by the year Under the Seventh Five-Year Plan, India strove to bring about a self-sustained economy in the country with valuable contributions from voluntary agencies and the general populace.
The Eighth Plan could not take off in due to the fast changing political situation at the centre and the years —91 and —92 were treated as Annual Plans. The Eighth Plan was finally formulated for the period — Between andthere were only Annual Plans.
Thus, under pressure, the country took the risk of reforming the socialist economy. Narasimha Rao was the ninth Prime Minister of the Republic of India and head of Congress Partyand led one of the most important administrations in India's modern history, overseeing a major economic transformation and several incidents affecting national security. At that time Dr. Manmohan Singh later Prime Minister of India launched India's free market reforms that runescape old school bots the nearly bankrupt nation back from the edge.
It was the beginning of liberalizationprivatisation and globalization LPG in India. Modernization of industries was a major highlight of the Eighth Plan.
Under this plan, the gradual opening of the Indian economy was undertaken to correct the burgeoning deficit and foreign debt.
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India has launched 12 five year plans so far. First five year plan was launched in Now the present NDA government has stopped the formation of five year plans. So 12 th five year plan would be called the last five year plan of India. The decades-old Five-Year Plans will make way for a three-year action plan prison break proof of innocence youtube, which will be part of a seven-year strategy paper and a year vision document.
The Niti Aayog, which has replaced the Planning Commission, is launching a three-year action plan from April 1, This plan was successful and achieved growth rate of 3. The main target of this plan was to make the economy independent and to reach self active position of take off.
Welfare Programmes by the Government of India. During this plan annual plans were made and equal priority was given to agriculture its allied sectors and the industry sector. There were two main objective of this plan i. In this plan top priority was given to agriculture, next came to industry and mines. Overall this plan was successful which achieved the growth of 4. The draft of this plan was prepared and launched by the D.
This plan was terminated in Rolling Plan: This plan was started with an annual plan for and as a continuation of the terminated fifth year plan.
Objectives of this plan include the establishment of the self sufficient economy, opportunities for productive employment. For the first time five year plans in india summary pdf private sector got the priority over public sector. Annual Plans: Eighth five Plan could not take place due to volatile political situation at the centre.
Nature of Indian Economy: Structure and Key Features. In this plan the top priority was given to development of the human resources i. Three-year action plan is document only provides a broad roadmap to the government.
The document does not detail any schemes or allocations as it has no financial powers. Since it need not be approved by the Union Cabinet, its recommendations are not binding on the government. The documents of the Niti Ayog have no financial role.
They are only policy guidemaps for the government. Five Year Plans after the Liberalization. Five Year Plans before the Liberalisation. Smart City Project: Detailed Information at a Glance.
List of Important Schemes launched by the Modi Government. List of Centrally Sponsored Scheme and Expenditure on them? Functions of Enforcement Directorate. What is Money Laundering and how is it done? What is Chit Fund and how does it work? Please specify. A verifcation code has been sent to your mobile number. English Hindi All. List of all Five Year Plans of India.
Hemant Pratap Singh Jan 2, List of five year plans of India. First Five Year Plan: It was made for the duration of to It was based on the Harrod-Domar model.
Its main focus was on the agricultural development of the country. Second Five Year Plan: It was based on the P. Mahalanobis Model. Its main focus was on the industrial development of the country. This plan was successful and achieved growth rate of 4. Mahalanobis 3. Third Five Year Plan: Due to china war, this plan could not achieve its growth target of 5. Plan Holiday: The duration of plan holiday was from to Fourth Five year plans in india summary pdf Year Plan: Its duration was from to This plan failed and could achieve growth rate of 3.
Fifth Five Year Plan: Its duration was to Sixth Five Year Plan: The five year plans in india summary pdf objective of this plan was poverty eradication and technological self reliance.
It was based on investment yojna, infrastructural changing and trend to growth five year plans in india summary pdf. Muziek jaren 70 en belastingaangifte growth target was 5. Seventh Five Year Plan: Structure and Key Features Eighth Five Year Plan: Duing this plan Narasimha Rao Govt.
This plan was successful and got annual growth rate of 6. Ninth Five Year Plan: It was launched in the 50th year of independence of India. Tenth Five Year Plan: This plan aims to double the per capita income of India in the next 10 years.
Its growth target was 8. Eleventh Five Year Plan: It was prepared by the C. Its growth rate target was 8. Twelfth Five Year Plan: Its duration is from to It is the current five year plan of India. Read more: Physics Set II. Related Articles. Longest Largest Smallest etc. Must Read. Theme, History and Significance. Latest Videos. Gender Male Female. A verifcation code has been sent to your mobile number Please enter the verification code below. Jagran Prakashan Ltd This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations.