5 Year plan India

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First Five Year Plan (1951-55) Total budget: 206.8 billion (INR) or USD$23.6 billion. :

First Five Year Plan (1951-55) Total budget: 206.8 billion (INR) or USD$23.6 billion. Objectives 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 ACHIEVEMENTS GDP 3.6% per year Evolution of good irrigation system improvement in roads civil aviation railways Telegraphs posts manufacture of fertilizers electrical equipment

Disadvantages:

Disadvantages development of only a few industries private industry had not developed

Second Five Year Plan (1956-1961) :

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 Development of Mining and industry Community and agriculture development Power and irrigation Social services Communications and transport Miscellaneous 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 The large enterprises in seventeen industries were nationalized

Disadvantages:

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

Third Five Year Plan (1961-1966):

OBJECTIVES More stress to agriculture subsidies Sufficient help Effective use of country's resources 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 Third Five Year Plan (1961-1966) ACHIEVEMENTS Decentralization Organizations formed Panchayat Zila Parishads Laid emphasis on oil conservation irrigation Afforestation dry farming Many fertilizer  and cement plants were built Green Revolution PMs Jawaharlal Nehru Gulzarilal Nanda Lal Bahadur Shastri

Problems faced:

Problems faced Sino Indian War, India witnessed increase in price of products. The resulting inflation

4th Five Year Plan (1969 to 1974) :

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

problems:

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

Fifth Five Year Plan 1974 to1979 :

Fifth Five Year Plan 1974 to1979 OBJECTIVES To reduce social, regional, and economic disparities To enhance agricultural productivity To check rural and urban unemployment To encourage self-employment Production support policies in the cottage industry sector To develop labor intensive technological improvements PROBLEMS The international economy was in a trouble Food, oil, and fertilizers where prices sky-rocketed Several inflationary pressures 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

Problems faced:

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:

Sixth Five Year Plan 1980 to1985 OBJECTIVES 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 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

Problems faced:

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.

Seventh Five Year Plan 1985 to 1989 :

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

Problems:

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

Eighth Five Year Plan 1992 to1997 :

Eighth Five Year Plan 1992 to1997 OBJECTIVES Prioritize the specific sectors which requires immediate investment To generate full scale employment 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 strengthen the infrastructural facilities To place greater emphasis on role of private initiative in the development of the industrial sector ACHIEVEMENTS Rise in the employment level Poverty reduction Self-reliance on domestic resources Self-sufficiency in agricultural production GDP Growth Per Annum 5.6

Ninth Five Year Plan 1997 to 2002:

Ninth Five Year Plan 1997 to 2002 OBJECTIVES 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, safe drinking water, primary health care, transport, energy to check the growing population increase to encourage social issues like women empowerment to create a liberal market for increase in private investments ACHIEVEMENTS A combined effort of public, private, and all levels of government ensured the growth of India's economy. Service sector showed fast growth rate

Tenth Five Year Plan (2002-2007) :

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,Minerals,Energy,Information technology,Tourism,Real estate,Construction,Internal trade Forests and environment Science and technology Special area programs schooling to be compulsory for children

Eleventh five year plan :

Eleventh five year plan OBJECTIVES Income & Poverty Education Health Women and Children Infrastructure Environment

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