Prepared by Satish Kumar .K
• 5th Five Year Plan (1974-79)
The fifth plan mainly aimed on checking inflation and various non-economic variables like nutritionalrequirements, health, family planning etc. The plan anticipated 5.5% growth rate in national income.The plan could not complete its 5 year tenure and was discontinued by the new Janata government in thefourth year only.
• 6th Five Year Plan (1980-85)
The 6th five year plan was formulated by the Congress government in 1980 which equally focused oninfrastructure and agriculture. The plan was successful in achieving a growth of 6% pa.
• 7th Five Year Plan (1985-1989)
The plan focused at improving various sectors like welfare, education, health, family planning and alsoencouraged employment opportunities. The plan introduced programs like Jawahar Rozgar Yojana.This plan was proved successful in spite of severe drought conditions for first three years consecutively.•
Period (1989 - 1991)
This period was of political instability hence, no five year plan was implemented during the period; onlyannual plans were made for the period between 1990 and 1992. The country faced severe balance of payment crisis.
• 8th Five Year Plan (1992-1997)
The eighth plan aimed towards modernization of industries, poverty reduction, encouraging employment,strengthening the infrastructure. Other important concerned areas were devaluation of rupees,dismantling of license prerequisite and decrease trade barriers.The plan helped to achieve an annual growth rate of 5.6% in GDP and also controlled inflation.
• 9th Five Year Plan (1997-2002)
The ninth five year plan focused on increasing agricultural and rural income and to improve theconditions of the marginal farmer and landless laborers.The plan helped to achieve average annual growth rate of 6.7%.
• 10th Five Year Plan (2002-2007)
The 10th five year plan targeted towards making India’s economy as the fastest growing economy on theglobal level, with an aim to raise the growth rate to 10% and to reduce the poverty rate and increase theliteracy rate in the country.The plan showed success in reducing poverty ratio by 5%, increasing forest cover to 25%, increasingliteracy rates to 75 % and taking the economic growth of the country over 8%.
• 11th Five Year Plan (2007-2012)
The eleventh five year plan targets to increase GDP growth to 10%, to reduce educated unemployment tobelow 5% while it aims to reduce infant mortality rate to 28 and maternal mortality ratio to 1 per 1000live births, reduce Total Fertility Rate to 2.1 in the health sector.The plan also targets to ensure electricity connection and clean drinking water to all villages and increaseforest and tree cover by 5%.
he Planning Commission was set up by a Resolution of the Government of India in March 1950 inpursuance of declared objectives of the Government to promote a rapid rise in the standard ofliving of the people by efficient exploitation of the resources of the country, increasing production