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Economic Planning

Economic Planning

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Published by VIVEK JAISWAL
Its all about past Economic Planning of INDIA
Its all about past Economic Planning of INDIA

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Categories:Types, School Work
Published by: VIVEK JAISWAL on Jun 06, 2013
Copyright:Attribution Non-commercial

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06/06/2013

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First Five Year Plan
(1951-55)
 
Total budget:
206.8 billion (INR) or USD$23.6 billion.
Objectives
the standard of living
Community and agriculturedevelopment
Energy and irrigation
Communications andtransport
Industry
Land rehabilitation
Social services
Target of GDP growth 2.1 per year 
 Achieved had been 3.6% per year 
ACHIEVEMENTS
GDP 3.6% per year 
Evolution of good irrigationsystem
improvement
in
roads
civil aviation
railways
Telegraphs
posts
manufacture of fertilizers
electrical equipment
 
Disadvantages
development of only a few industries
private industry had not developed
 
 
Second Five Year Plan(
1956-1961)
 OBJECTIVES
To increase by 25% the nationalincome
To make the country moreindustrialized
To increase employmentopportunities so that every citizen
gets a job
Development of 
Mining and industry
Community and agriculturedevelopment
Power and irrigation
Social services
Communications and transport
Miscellaneous
 ACHIEVEMENTS
5 steel plants
a hydro-electric power project
production of coal increased
more railway lines
Land reform measures
improved the living standards of the people
The large enterprises inseventeen industries werenationalized

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