Five Year Plans – GKToday

Five Year Plans

The Five Year Plans in India were a series of social and economic development initiatives launched by the Indian government between 1951 and 2017. The plans aimed to promote rapid economic growth, reduce poverty, and improve the standard of living of the Indian population.

History of Five Year Plans

The Five Year Plans in India were introduced after India gained independence in 1947, with the first plan being launched in 1951. The plans were based on the Soviet model of economic planning and focused on the development of agriculture and industry, social welfare, and infrastructure development. Over the years, the plans evolved to incorporate new objectives such as poverty reduction, employment generation, and environmental sustainability. The Five Year Plans were replaced by the Niti Aayog’s three-year action plans in 2017.

Types of Five Year Plans

The Five Year Plans in India can be classified into three types based on their objectives:

Examples of Five Year Plans

Some examples of Five Year Plans implemented in India are:

Issues in Five Year Plans

Some of the major issues in implementing Five Year Plans in India are:

Exit mobile version