Professional Documents
Culture Documents
ECONOMICS
ASSIGNMENT
Submitted to:
Dr. A. K. Sharma
Submitted by:
Animesh Kumar
B.A.LL.B.(H) 2009-14
Enrol.No.A8108309035
PREFACE
This assignment take cares of the topic FIVE YEAR PLANS IN INDIA of
Economics- III from social development perspective. Brief introduction,
objectives and outcomes & achievements of plans, all have acquired very
important place as a subject of Economic planning. I am sure my effort would
these inclusions and will keep on guiding me as faculty have done earlier. I am
extremely thankful to my faculty Dr. Anuj Kumar Sharma sir for the special
care and extra time given to me for preparation of this assignment I took too
much time to complete the given task.
ACKNOWLEDGMENT
This assignment is intended to cover the Five Years Plans in India. Basic
and pre-requisite information have been included.
I acknowledge the inspiration and blessing of my respected faculty Dr. Anuj
Kumar Sharma. He made my all doubt crystal clear.
I am full of gratitude to my seniors Pratik Mishra, Mayank Dubey, Swastik
Viswakarma and Abhas Sharma for the patience shown and encouragement
given to complete this assignment.
My heartful thanks are due to my friends Priyanshu, Gaurav and Purusharth for
providing relevant resources.
In the last but not the least, my sense of gratitude is due to AMITY LAW
SCHOOL, LUCKNOW.
Every effort has been made to avoid errors and mistakes; however their
presence cannot be ruled out.
Animesh Kumar
INDEX
1. INTRODUCTION..........................................................................................................1
2. FIRST FIVE YEAR PLAN (1951-56)...........................................................................2
3. SECOND FIVE YEAR PLAN (1956-61)......................................................................6
4. THIRD FIVE YEAR PLAN (1961-66).........................................................................8
5. FOURTH FIVE YEAR PLAN (1969-74)....................................................................10
6. FIFTH FIVE YEAR PLAN (1974-79).........................................................................14
7. SIXTH FIVE YEAR PLAN (1980-85)........................................................................17
8. SEVENTH FIVE YEAR PLAN (1985-90).................................................................19
9. EIGHTH FIVE YEAR PLAN (1992-97).....................................................................24
10. NINTH FIVE YEAR PLAN (1997-2002)...................................................................26
11. TENTH FIVE YEAR PLAN (2002-07).......................................................................27
12. ELEVENTH FIVE YEAR PLAN (2007-2012)...........................................................28
13. INDIAS 12TH FIVE YEAR PLAN TO FOCUS ON INCLUSIVE GROWTH.....30
14. CONCLUSION............................................................................................................31
INTRODUCTION
When India gained independence, its economy was grovelling in dust. The British had left the
Indian economy crippled and the fathers of development formulated 5 years plan to develop
the Indian economy. The five years plan in India is framed, executed and monitored by the
Planning Commission of India. The economy of India is based in part on planning through
its Five-Year Plans, which are developed, executed and monitored by the Planning
Commission. The Planning Commission was set up in March, 1950 by a Resolution of the
Government of India which defined the scope of its work in the following terms:
The Constitution of India has guaranteed certain Fundamental Rights to the citizens of India
and enunciated certain Directive Principles of State Policy, in particular, that the State shall
strive to promote the welfare of the people by securing and protecting as effectively as it may
a social order in which justice, social, economic and political, shall inform all the institutions
of the national life, and shall direct its policy towards securing, among other things,
that the citizens, men and women equally, have the right to an adequate means of
livelihood;
that the ownership and control of the material resources of the community are so
distributed as best to sub serve the common good ; and
that the operation of the economic system does not result in the concentration of
wealth and means of production to the common detriment.
Accelerate GDP growth from 8% to 10% and then maintain at 10% in the 12th
Plan in order to double per capita income by 2016-17
Reduce dropout rates of children from elementary school from 52.2% in 200304 to 20% by 2011-12
Increase the percentage of each cohort going to higher education from the
present 10% to 15% by the end of the plan
3. Health
Reduce infant mortality rate to 28 and maternal mortality ratio to 1 per 1000
live births
Provide clean drinking water for all by 2009 and ensure that there are no slipbacks
Reduce malnutrition among children of age group 0-3 to half its present level
Reduce anaemia among women and girls by 50% by the end of the plan
4. Women and Children
Raise the sex ratio for age group 0-6 to 935 by 2011-12 and to 950 by 2016-17
Ensure that at least 33 percent of the direct and indirect beneficiaries of all
government schemes are women and girl children
Ensure that all children enjoy a safe childhood, without any compulsion to
work
5. Infrastructure
Ensure electricity connection to all villages and BPL households by 2009 and
round-the-clock power.
Ensure all-weather road connection to all habitation with population 1000 and
above (500 in hilly and tribal areas) by 2009, and ensure coverage of all
significant habitation by 2015
Provide homestead sites to all by 2012 and step up the pace of house
construction for rural poor to cover all the poor by 2016-17
6. Environment
In a boon for industry, the planning commission indicated that it aims to have industry and
manufacturing-related activities grow by 11 percent over the next five years, contrasted to 8
percent over the previous 11th five-year plan. It also aims to undertake somewhat vaguely
defined, but certainly well-intentioned, structural and regulatory reforms to facilitate
investment.
The presentation highlighted the planning commissions views that commercial energy
demand is expected to increase by 7 percent per year over the next five years.
To address that increase in demand, the planning commission recommended that all methods
of current energy production and distribution be developed, from coal to nuclear energy to
solar and wind, and proposed that existing taxes on electricity should not be raised.
Interestingly, the Planning Commission envisioned an expansive role for Indian SOE Coal
India:
Coal India must become a coal supplier and not just a mining company. Should plan to
import coal to meet coal demands? This requires blending of imported and domestic coal as
supplied by Coal India.
All told, in its early stages, the 12th five-year plan promises a lot for rural development and
growth. In that sense, it is similar to Chinas latest iteration of its five-year plan, which seeks
to improve the lot of rural Chinese peoples by increasing urbanization and industrial efforts
in central and western China. But, by contrast, while the Chinese government seems to be
continuing with nation-wide industrialization efforts, the Indian government may be
attempting to promote a policy of reverse migration by making rural living more attractive
with some access to modern amenities, but hopefully without the accompanying chaos that
goes with it.
CONCLUSION
With an overview of the Indian Five Year Plan we can say that they have undoubtedly been
tools in the boosting and the shaping of our economy. We have been able to meet many of the
objectives laid down by the plans. These plans have succeeded in building the industrial and
economic infrastructure of the country. The growth of the Private Sector can also be
attributed to these plans.
Animesh Kumars Economics Assignment | Amity Law School, Lucknow 31