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five-year-plans-of-India

five-year-plans-of-India

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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 .

the bureaucratic control over the economy When a business was losing money the Government would prevent them from shutting down .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.

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 .

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

Fifth Five Year Plan 1974 to1979 OBJECTIVES      PROBLEMS The international economy was in a trouble  Food. 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 . oil. and fertilizers where prices sky-rocketed  Several inflationary pressures   To reduce social. regional.

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.

Fish        Egg. clothing.Meat.Vegetables Pulses.   Communications  Emergence of informatics.milk. civil aviation.cereals. and hooking up of telecommunications with computers Transport  inland waterways. product pipelines.Fruits.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. and shelter Increasing productivity of small and large scale farmers Making India an Independent Economy . coastal shipping  ACHIEVEMENTS Social Justice Removal of oppression of the week Using modern technology Agricultural development Anti-poverty programs Full supply of food.

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  .

6 . 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.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.

private.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. Service sector showed fast growth rate . 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. primary health care. safe drinking water. and all levels of government ensured the growth of India's economy. transport.

Real estate.Minerals.Information technology.Tourism.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.Energy.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 .

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