Five Year Plans

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Indira

Gandhi was the Prime Minister


14 major Indian banks.

Nationalised

Green Revolution in India advanced agriculture.

East

Pakistan (now Bangladesh) was becoming dire as the Indo-Pakistani War of 1971 and Bangladesh Liberation War took place.

To Attain a 5.5 percent growth in national income per annum. To bring about economic stability

To achieve self reliance


To achieve social justice and equality

To utilize Panchayat Raj institutions in local and regional planning.


To recognise the management of public enterprises.

Objective was to increase employment, poverty eradication and attaining self reliance.
The introduction of Indian National Highway. The Indian economy was affected by several inflationary pressures Problem of Balance of Payment

Commitment

towards poverty through the 20 point program by Indira Gandhi. Fifth plan was terminated by Janata Government.

The

The sixth plan marked the beginning of economic liberalization.


Price controls were eliminated and ration shops were closed. This was the end of Nehruvian Plan and Rajiv Gandhi was prime minister during this period. Family planning was also expanded in order to prevent overpopulation.

Target Growth: 5.2% Actual Growth: 5.4%

Objectives of employment generation and removal of poverty. The very high emphasis on investment in the energy sector.

The generation of wage employment through the National Rural Employment Programme.

TRANSPORT :

To remove the transport bottlenecks To create adequate additional capacity in the transport sector To give special attention to the transport needs of remote and isolated areas, such as the North Eastern Region EDUCATION:

To guarantee to all equality of opportunity for education To support the growth of arts, music, poetry, dance, and drama, including folk art To promote respect for, and belief in values of national integration

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