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Background of the Eighth Five Year Plan India:

Just before the formulation of the Eighth Five Year Plan India, there was great political instability in India which hindered the implementation of any five years plan for the following two years after the Seventh Five Year Plan. This period is characterized by extreme FOREX reserve crisis and introduction of liberalization and privatization in Indian economy. To invite FDI in Indian industrial sector and to follow free market reforms were the only possible ways to revive the country from foreign debt

The main objectives of the Eighth Five Year Plan India are: to prioritize the specific sectors which requires immediate investment to generate full scale employment to 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 achieve self-reliance in food and produce surpluses for increase in exports to strengthen the infrastructural facilities like energy, power, irrigation

Organizational commitment in the fields of Organizational Behavior and Industrial/Organizational Psychology is, in a general sense, the employee's psychological attachment to the organization. It can be contrasted with other work-related attitudes, such as job satisfaction, defined as an employee's feelings about their job, and organizational identification, defined as the degree to which an employee experiences a 'sense of oneness' with their organization

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