Page-3 of Five-Year Plans of India Current Affairs, GK & News
A long term plan was outlined for 1985-2000 and the 7th five year plan was announced in this backdrop on November 9, 1985. This plan was started by Rajiv Gandhi government when Dr. Manmohan Singh was Deputy chairman of planning commission. The basic objectives were: Speedy development, modernization, self reliance and social justice. Seventh Plan ..
Topics: Economic history of India • Economy of India • Finance Ministers of India • Five-Year Plans of India • Government of India • India • Indian National Congress • Manmohan Singh • Sampoorna Grameen Rozgar Yojana • Union budget of India
The first two plans developed a institutional structure to take the country on path of developed economy. Third plan for the first time rode on the wave of high expectation following overall growth of the economy of India. In this plan, India made efforts to achieve self reliance in food production and industry. However, the ..
The success of the First Five year plan boosted the confidence of the leaders. The agriculture growth target in the first plan was achieved, so government quickly started looking beyond agriculture. The second five-year plan focused on industry, especially heavy industry. The target of 25% Increase in the national income was set through rapid industrialization. ..
Topics: Economic history • Economy • First five-year plan • Five-year plans • Five-Year Plans of India • Grigory Feldman • Indian Statistical Institute • Mahalanobis model. • Planning • Public Sector • Second Five Year Plan
Since 1951 India has completed 11 five year plans and 12th five year plan is about to finish in 2017. Each five year plan started from April 1 of a particular and ended on March 31 of a particular year, so by convention the five year plans take on 5 financial years. India’s First Five ..