Planning in India

Why India chose the so called Nehruvian Socialism?

Jawaharlal Nehru was greatly influenced by the achievements of Soviet Planning.  Since he also viewed democratic qualities of capitalism as indispensable for complete economic and social growth and since he wished to take advantage of both, he came out with his vision of so called “Democratic Socialism” for new India. Ideally, the democratic socialism was […]

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Achievements and Failures of Planning in India

India has completed eleven plans and twelfth is underway. The 65 years of planning in India has a mixed result. Sometimes targets have been realised while some other times we only shared disappointment and despair. Achievements of Five Year Plans Increase in National Income Five year plans are able to increase the nation income level […]

9th, 10th and 11th Five Year Plans

Ninth Five Year Plan: April 1, 1997 to March 31, 2002 This period saw the change in the government. The Ninth plan was started with an objective of “Growth with Social Justice and Equality”. It also assigned importance to agriculture growth.  Regulation of the debt programmes was emphasized to improve government’s financial position.  It was […]

Economic Planning Strategy in India

In order to achieve the long-term and short-term objectives set in the each five year, specific strategies are required. It involves allocation resources across different sectors of the economy in tandem with the specified objectives. It involves selection choices like development of agricultural sector or industrial sector, public sector or private sector involvement, closed economy […]

Objectives of Planning in India

In India objectives of planning are mainly classified as long-term objectives and short-term objectives. Long-term objectives try to solve the socio-economic issues that the country is facing over the years. It includes increase in national income or per-capita income, achieving full employment, social justice and equitable distribution, poverty alleviation, self-sufficiency and modernisation, etc. Achieving all […]

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