History of Planning in India

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All about Economic Planning

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HISTORY OF PLANNING IN INDIA A Presentation For M.A.I Seminar, Date-21 st Aug 2010 By :- Anmol Utsav Roll no.01, M.A.(Previous) Patna University, Patna

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ATTEMPTS OF PLANNING PRIOR TO INDEPENDENCE 1934 : A book “Planned Economy for India” by Sir M. Vishveshvaryiya 1938 : National Planning Committee was formed under presidentship of Pt.Jawahar Lal Nehru by Indian National Congress. 1944 : “Bombay Plan” a systematic planning was proposed by eight industrialists of Bombay. “Gandhian Plan” was proposed by Sriman Narayan 1945 : “People’s Plan” was proposed by Sri M.N.Roy 1950 : “ Sarvodaya Plan” was proposed by Jai Prakash Narayan

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Agencies of Planning

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PLANNING COMMISSION (Formed on 15 th March 1950 ) It was formed as an advisory and expert organization. Its First Chairman was PM Pt.Jawahar Lal Nehru. Chairman (PM of India) Vice-Chairman 14 Members Secretary Member Structure of Commission Dr..Manmohan Singh Present Chairman, Planning Commission M. S.Ahluwalia Present Vice Chairman, Planning Commission

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Role of Planning Commission To estimate the physical, capital and human resources . To prepare a plan for proper utilization of available resources . To determine the various phases of planning . To identify the hurdles of economic development . To evaluate the success of various phases and identifying Its loopholes. To advise the state and central government on special issues

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Five Year Plans Plans Year 1 st FYP 1951-1956 2 nd FYP 1956-1961 3 rd FYP 1961-1966 Rolling Plan 1966-1969 4th FYP 1969-1974 5 th FYP 1974-1979 Rolling Plan 1979-1980 6 th FYP 1980-1985 7 th FYP 1985-1990 Rolling Plan 1990-1992 8 th FYP 1992-1997 9 th FYP 1997-2002 10 th FYP 2002-2007 11 th FYP 2007-2012

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Increasing national income and improving average standard of Living of the people Achieving self reliance so as to minimize dependence on foreign aid. Increasing pace of industrialization of both basic and heavy industries, Narrowing down both vertical and horizontal inequalities. Increasing employment potential of various sectors. Objectives of Five Year Plan

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Achievements of Five Year Plan Impressive industrialization in capital goods sector through public sector Development of economic infrastructure like energy, irrigation, roads, transport and communication Diversification of export and import substitution Rise in life expectancy from 37yrs in 1951 to 65 in 2001 Rise in literacy level from 34% in 1951 to 65% in 2001 Development of science & technology and the nuclear power for peaceful purposes Achievement of self-sufficiency in food grains.

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FAILURES OF PLANNING

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THANK YOU

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