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Five Year Plans of India
By :- Sandeep Singh
Join :- https://t.me/SscPanacea/1953
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 Development Bank of India), FCI
(Food Co-orporation of India) etc.
Beginning of Green Revolution.
Bokaro Iron & Steel Industry (Jharkhand)
Growth Rate :- Target –5.6% Achieved- 2.8%
Plan Holiday (1966-1969)
Due to Failure of third FYP.
Chairman – Indira Gandhi
Govt. Announced a Rupee Devaluation
Fourth Five Year Plan (1969-1974)
Based on Rudra Allen Model.
Objective – “Removal of Poverty”.
Nationalization of 14 Banks.
Indo Pak War- 1971 & Bangladesh Liberation war.
First Underground Nuclear Test – Smiling Buddha
Fifth Five Year Plan (1974-1978)
Based on DP Dhar Model.
Objective – “Poverty Eradication & Self Reliance”. (Garibi
Hatao)
20 Point Program by Indira Gandhi , Minimum Needs
Program , Indian National Highway System Established.
RRB were setup.
Rolling Plan (1978-1980)
Rejected by Congress in 1980 & 6th FYP was introduced.
Sixth Five Year Plan (1980-1985)
Goal – “Economic Liberalization by eliminating Poverty”.
Formation of NABARD – 1982
Seventh Five Year Plan (1985-1990)
Based on John W. Miles Model.
Focus – “Food work & Productivity”
Rajiv Gandhi was PM
The Blue Revolution was first launched in India as the 'Nili
Kranti Mission'
Jawahar Rojgar Yojana was started
Annual Plans
Two Annual Plans
Eighth Five Year Plan (1992-1997)
New Economic Policy of India by PV Narsimha Rao.
PM Rojgar Yojana Launched
LPG System
Ninth Five Year Plan (1997-2002)
Focus- “Growth with Social Justice & Equality”
Tenth Five Year Plan (2002-2007)
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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