First Five Year Plan

(1951-55)
Total budget: 206.8 billion (INR) or USD$23.6 billion.

Objectives

ACHIEVEMENTS

the standard of living Community and agriculture development Energy and irrigation Communications and transport Industry Land rehabilitation Social services Target of GDP growth 2.1 per year Achieved had been 3.6% per year

GDP 3.6% per year Evolution of good irrigation system

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 national income To make the country more industrialized To increase employment opportunities so that every citizen gets a job

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

Development of

Mining and industry Community and agriculture development Power and irrigation Social services Communications and transport Miscellaneous

The large enterprises in seventeen industries were nationalized

Disadvantages

eliminate the importation of consumer goods high tariffs Low quotas or banning some items altogether License were required for starting new companies This is when India got its License Raj, the bureaucratic control over the economy When a business was losing money the Government would prevent them from shutting down

Third Five Year Plan

(1961-1966)
OBJECTIVES

ACHIEVEMENTS

Decentralization

More stress to agriculture

subsidies Sufficient help

Organizations formed
Panchayat Zila

Parishads

Effective use of country's resources

Laid emphasis on
oil

To increase the national income by 5% per year To increase the production of agriculture so that the nation is self sufficient in food grains To provide employment opportunities for every citizen of the country To establish equality among all the people of the country

conservation irrigation Afforestation dry farming

Many fertilizer and cement plants were built Green Revolution PMs Jawaharlal Nehru Gulzarilal Nanda Lal Bahadur Shastri

Problems faced

Sino Indian War, India witnessed increase in price of products. The resulting inflation

4th Five Year Plan

(1969 to 1974)

OBJECTIVES to reform and restructure govts expenditure agenda( defense became one major expense) To facilitated growth in exports to alter the socio economic structure of the society

ACHIEVEMENTS Great advancement has been made with regard to India's national income considered as one of the emerging powers served as a stepping stone for the economic growth Food grains production increased

problems
a gap was created between the people of the rural areas and those of the urban areas. Due to recession, famine and drought, India did not pay much heed to long term goals

Fifth Five Year Plan

1974 to1979

OBJECTIVES

PROBLEMS
The international economy was in a trouble Food, oil, and fertilizers where prices sky-rocketed Several inflationary pressures

To reduce social, regional, and economic disparities To enhance agricultural productivity To check rural and urban unemployment To encourage selfemployment Production support policies in the cottage industry sector To develop labor intensive technological improvements

ACHIEVEMENTS

Food grain production was above 118 million tons due to the improvement of infrastructural facilities Bombay High had shot up the commercial production of oil in India

Problems faced
The world economy was in a troublesome state This had a negative impact on the Indian economy Prices in the energy and food sector skyrocketed and as a consequence inflation became inevitable

Sixth Five Year Plan

1980 to1985

OBJECTIVES

ACHIEVEMENTS
Speedy industrial development Emphasis on the information technology sector self sufficiency in food science and technology also made a significant advance several successful programs on improvement of public health government in the Indian healthcare sector Government investments in the Indian healthcare sector

To improve productivity level To initiate modernization for achieving economic and technological self-reliance To control poverty and unemployment To develop indigenous energy sources and efficient energy usage To promote improved quality of life of the citizens To introduce Minimum Needs Program for the poor To initiate Family Planning

Problems faced
During this time the Prime Minister was

Rajiv Gandhi and hence industrial development was the emphasis of this plan some opposed it specially the communist groups, this slowed down the pace of progress.

Seventh Five Year Plan

1985 to 1989

OBJECTIVES

Anti-poverty program Improved facilities for education to girls

The government undertook to increase productivity of
Oilseeds,Fruits,Vegetables Pulses,cereals,Fish

Egg,Meat,milk.

Communications Emergence of informatics, and hooking up of telecommunications with computers Transport inland waterways, product pipelines, civil aviation, coastal shipping

ACHIEVEMENTS Social Justice Removal of oppression of the week Using modern technology Agricultural development Anti-poverty programs Full supply of food, clothing, and shelter Increasing productivity of small and large scale farmers Making India an Independent Economy

Problems
1989-91 was a period of political instability in India and hence no five year plan was implemented In 1991, India faced a crisis in foreign exchange(Forex) reserves

Eighth Five Year Plan

1992 to1997

OBJECTIVES

ACHIEVEMENTS

Prioritize the specific sectors which requires immediate investment To generate full scale employment Promote social welfare measures like improved healthcare, sanitation, communication and provision for extensive education facilities at all levels To check the increasing population growth by creating mass awareness programs To encourage growth and diversification of agriculture To strengthen the infrastructural facilities To place greater emphasis on role of private initiative in the development of the industrial sector

Rise in the employment level Poverty reduction Self-reliance on domestic resources

Self-sufficiency in agricultural production GDP Growth Per Annum 5.6

Ninth Five Year Plan

1997 to 2002

OBJECTIVES

ACHIEVEMENTS

to prioritize rural development to generate adequate employment opportunities to stabilize the prices to ensure food and nutritional security to provide for the basic infrastructural facilities like education for all, safe drinking water, primary health care, transport, energy to check the growing population increase to encourage social issues like women empowerment to create a liberal market for increase in private investments

A combined effort of public, private, and all levels of government ensured the growth of India's economy. Service sector showed fast growth rate

Tenth Five Year Plan

(2002-2007)
OBJECTIVES
To transform the country into the fastest growing economy of the world targets an annual economic growth of 10% Human and social development The social net Industry and services: Industry,Minerals,Energy,Information technology,Tourism,Real estate,Construction,Internal trade Forests and environment Science and technology Special area programs

schooling to be compulsory for children

Eleventh five year plan

OBJECTIVES
Income

& Poverty Education Health Women and Children Infrastructure Environment