Five Year Plans Of India PDF

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List of Five Year Plans in India [1951-2017]

Five Year PlansYearsAssessmentObjective
First Five year Plan 1951- 1956Targets and objectives more or less achieved. With an active role of the state in all economic sectors. Five Indian Institutes of Technology (IITs) were started as major technical institutions.Rehabilitation of refugees, rapid agricultural development to achieve food self-sufficiency in the shortest possible time and control of inflation.
Second Five year Plan 1956-1961It could not be implemented fully due to the shortage of foreign exchange. Targets had to be pruned. Yet, Hydroelectric power projects and five steel mills at Bhilai, Durgapur, and Rourkela were established.The Nehru-Mahalanobis model was adopted.‘Rapid industrialisation with particular emphasis on the development of basic and heavy industries Industrial Policy of 1956 accepted the establishment of a socialistic pattern of society as the goal of economic policy.
Third Five year Plan 1961-1966Failure. Wars and droughts. Yet, Panchayat elections were started.• State electricity boards and state secondary education boards were formed.‘establishment of a self-reliant and self-generating economy’
Plan Holidays – Annual Plans1966-1969A new agricultural strategy was implemented. It involved the distribution of high-yielding varieties of seeds, extensive use of fertilizers, exploitation of irrigation potential and soil conservation measures.crisis in agriculture and serious food shortage required attention
Fourth Five year Plan 1969-1974Was ambitious. Failure. Achieved growth of 3.5 percent but was marred by Inflation. The Indira Gandhi government nationalized 14 major Indian banks and the Green Revolution in India advanced agriculture.‘growth with stability’ and progressive achievement of self-reliance Garibi HataoTarget: 5.5 pc
Fifth Five year Plan 1974-1979High inflation. Was terminated by the Janta govt. Yet, the Indian national highway system was introduced for the first time.‘removal of poverty and attainment of self-reliance’
Sixth Five year Plan1980-1985Most targets achieved. Growth: 5.5 pc.Family planning was also expanded in order to prevent overpopulation.‘direct attack on the problem of poverty by creating conditions of an expanding economy’
Seventh Five year Plan 1985-1990With a growth rate of 6 pc, this plan was proved successful in spite of severe drought conditions for the first three years consecutively. This plan introduced programs like Jawahar Rozgar Yojana.Emphasis on policies and programs that would accelerate the growth in foodgrains production, increase employment opportunities and raise productivity
Annual Plans 1989-1991It was the beginning of privatization and liberalization in India.No plan due to political uncertainties
Eighth Five year Plan 1992-1997Partly success. An average annual growth rate of 6.78% against the target 5.6% was achieved.Rapid economic growth, high growth of agriculture and allied sector, and the manufacturing sector, growth in exports and imports, improvement in trade and current account deficit. to undertake an annual average growth of 5.6%
Ninth Five year Plan 1997-2002It achieved a GDP growth rate of 5.4%, lower than the target. Yet, industrial growth was 4.5% which was higher than targeted 3%.  The service industry had a growth rate of 7.8%. An average annual growth rate of 6.7% was reached.Quality of life, generation of productive employment, regional balance and self-reliance.Growth with social justice and equality. growth target 6.5%
Tenth Five year Plan 2002 –2007It was successful in reducing the poverty ratio by 5%, increasing forest cover to 25%, increasing literacy rates to 75 % and the economic growth of the country over 8%.To achieve 8% GDP growth rate,Reduce poverty by 5 points and increase the literacy rate in the country.
Eleventh Five year Plan2007-2012India has recorded an average annual economic growth rate of 8%, farm sector grew at an average rate of 3.7% as against 4% targeted. The industry grew with an annual average growth of 7.2% against 10% targeted.Rapid and inclusive growth.Empowerment through education and skill development. Reduction of gender inequality.Environmental sustainability.To increase the growth rate in agriculture, industry, and services to 4%,10% and 9% resp. Provide clean drinking water for all by 2009.
Twelfth Five year Plan2012-2017Its growth rate target was 8%.“faster, sustainable and more inclusive growth”. Raising agriculture output to 4 percent. Manufacturing sector growth to 10 %The target of adding over 88,000 MW of power generation capacity.
AuthorGovernment
Language English
No. of Pages35
PDF Size0.5 MB
CategoryGovernment
Source/Creditsdcomm.org

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