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Five Year Plans of India

By :- Sandeep Singh

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Planning Commission
 The Planning Commission of India
was a non-constitutional body,
which was responsible to formulate
India’s five years plans.
 Joseph Stalin implemented the first
Five-Year Plan in the Soviet Union
in 1928.
 The PM of India is the Ex-officio
chairman of the planning
commission.
 It was established on March 1950,
under Presidency of the Prime
Minister Jawaharlal Nehru.
 Pt. Jawaharlal Nehru was the
first chairman of the Planning
Commission.
 The apex body gives final approval
to a five-year plan in India -
National Development Council.
(NDC was established on 6th
August 1952).
 There were three breaks in five-
year plans during 1966-69, 1978-
80, and 1991-92.
First Five Year Plan (1951-1956)
 Based on Harrod Domar Model.
 Main Focus – Agricultural
Development.
 This five years plan's president was
Jawaharlal Nehru and Gulzarilal
Nanda was the vice-president.
 Growth :- Target – 2.1%,
Achieved – 3.6%
 Family Planning Programme - 1952
 Dam Construction – Bhakra Nangal
Dam , Hirakud Dam & Damodar
ghati.
Second Five Year Plan (1956-1961)
 Based on PC Mahalnobis Model.
 Main Focus - Industrial
Development.
 Growth Rate :- Target – 4.5%
Achieved- 4.27%
 Rourkela Steel Plant (Odisha) ,
Bhilai Steel Plant(Chattisgarh) &
Durgapur (W. Bengal)
Third Five Year Plan (1961-1966)
 Based on Gadgil Yojana.
 Goal – “Make Economy Self
Sufficient”.
 Two Wars – 1. Indo China War –
1962
2. Indo Pak War –
1965
 Set Up – IDBI (Industrial Rolling Plan (1978-1980)
Development Bank of India), FCI
 Rejected by Congress in 1980 & 6th
(Food Co-orporation of India) etc.
FYP was introduced.
 Beginning of Green Revolution.
 Bokaro Iron & Steel Industry Sixth Five Year Plan (1980-1985)
(Jharkhand)
 Goal – “Economic Liberalization
 Growth Rate :- Target –5.6%
by eliminating Poverty”.
Achieved- 2.8%
 Formation of NABARD – 1982
Plan Holiday (1966-1969) Seventh Five Year Plan (1985-1990)
 Based on John W. Miles Model.
 Due to Failure of third FYP.
 Focus – “Food work &
 Chairman – Indira Gandhi
Productivity”
 Govt. Announced a Rupee
 Rajiv Gandhi was PM
Devaluation
 The Blue Revolution was first
Fourth Five Year Plan (1969-1974) launched in India as the 'Nili Kranti
Mission'
 Based on Rudra Allen Model.
 Jawahar Rojgar Yojana was
 Objective – “Removal of
started
Poverty”.
 Nationalization of 14 Banks. Annual Plans
 Indo Pak War- 1971 & Bangladesh
Two Annual Plans
Liberation war.
 First Underground Nuclear Test Eighth Five Year Plan (1992-1997)
– Smiling Buddha
 New Economic Policy of India by
Fifth Five Year Plan (1974-1978) PV Narsimha Rao.
 PM Rojgar Yojana Launched
 Based on DP Dhar Model.
 LPG System
 Objective – “Poverty Eradication &
Self Reliance”. (Garibi Hatao) Ninth Five Year Plan (1997-2002)
 20 Point Program by Indira Gandhi
 Focus- “Growth with Social
, Minimum Needs Program , Indian
Justice & Equality”
National Highway System
Established. Tenth Five Year Plan (2002-2007)
 RRB were setup.
  Focus – Double Per Capita Income
in Next Ten Years, Eradication of
Poverty & Unemployment.
 Under Atal Bihari Vajpayee &
Manmohan Singh
Eleventh Five Year Plan (2007-2012)
 Objective – “Faster & more
Inclusive Growth”
 PM – Manmohan Singh.
Twelfth Five Year Plan (2012-2017)
 Objective – “Faster, More
Inclusive & Sustainable
Growth”.
Planning Commission was Replaced by
NITI AAYOG on 01 January 2015.
Important Questions Related to Five
Year Plans
1. First Five Year Plan based on
which economic Model m to
Focus on Agriculture & Irrigation
? - Harrod Donar Model
2. Durgapur, Bhilai, Rourkela
steel plants established during
which five year Plan ? – Second
Five Year Plan
3. Duration of Second Five Year
Plan - 1956-1961
4. Which five Year Plan had a
Primary goal to Establish India
as a self reliant and Self
generating Economy ? - Third
Five Year Plan
5. Which plan's main Focus was
Garibi Hatao ? - Fifth Five Year
Plan
6. Economic Liberalization was the
main Focus Point of which Plan
?- Sixth Five Year Plan
7. Ninth Five Year Plan's main focus
was – “Growth with Social
Justice & Equality”
8. "Faster, More Inclusive and
Sustainable Growth" was the
objective of - 12th Five Year
Plan
9. When was the Planning
Commission Set up ? - 1950
10. During which five year plan
India opt for a mixed Economy ?
- Second Five Year Plan
11. Which plan affected by Two
wars ? - Third Five Year Plan
12. Khadi and Vilage Industry
Commission was established in
which five Year Plan ? - Second
Five Year Plan
13. Agriculture was the Top
Priority of which Plan ? - First
Five Year Plan
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