PLANNING IN INDIA: Five Year plans

Five Year Plan Time Aims/ Objectives Focal Point Immediate Goal Actions Growth
Period Indicators
First 1951-1956 Balanced development of Agriculture 1. Rehabilitation of 1.Land Reforms (Removal of 3.6% against
Harrod-Domar economy refugees Zamindari), 2.1%
Model 2. Rapid agriculture 2.Irrigation Reforms (canals),
development (food security 3.Multipurpose River Valley
ensured) Projects (Bhakra-Nangal,
3. Control of inflation Damodar, Hirakund)
Second 1956-1961 Establish socialist order Industry 1. Three Iron & Steel Industries 4.2% against
P.C. were set up- Durgapur, Bhilai, 4.5%
Mahalanobis Rourkela
Model
Third 1961-1966 Make the economy Industry 1. Heavy industrialization 2.8% achieved
Gadgil Yojana independent 2. Inward Orientation against 5.6%
Annual Plan 1966-76 To absorb the shocks of the Equal priority to New agricultural strategy-
19967-68 third FYP agriculture & 1. Introduction of HYV seeds.
1968-69 industries sector 2. Increased use of fertilizers.
3. Pesticides & irrigation
Fourth 1969-74 1. Stable Growth Social justice “Garibi Hatao” meaning Family planning programs 3.3% against
2. Progressive achievement of ,poverty eradication 5.7%
self-reliance
Fifth 1974-78 1. Poverty Eradication Initiation of 5.2% against
Investment 2. Attainment of Self-Reliance 1. Directed Anti-Poverty Programs 4.4%
model of 3. Introduction of ‘Trickle (Employment Generation
Planning Down Effect’ Schemes)
commission 2. Wage Employment Program
(NREGS-National Rural
Employment Guarantee Scheme),
3. Minimum Needs Program -
Rural roads

Rolling Plan 1978-80 Janata party modified the yearly planning strategy into annual plans called - Rolling plan. Employment was the focal point
The planning for the subsequent year majorly depended on the present year performance. It wasn’t a very successful plan as short assessment
is not possible

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Five Year Plan Time Aims/ Objectives Focal Point Immediate Goal Actions Growth Indicators
Period
Sixth 1980-1985 1. Removal of poverty 1. National income - Implementation of 5.3% against
2. Achieving economic and expansion & 1. IRDP(1980) 5.2%
technological self-reliance 2.Modernization of 2. Indira Awaas Yojana
3. Employment generation Technology (1983)
3 TRYSEM-Transferring
skills
-Visakhapatnam Steel
Plant (Andhra Pradesh),
Salem (TamilNadu)
Bhadravathi Steel Plants
were built.
Seventh 1985-1990 “Food , work and 1. Establishment of self-sufficient - Jawahar Rozgar Yojana 6 % against 5%
(Hindu Growth productivity” economy was launched
Rate) 2. Creation of productive
employment
3. Control population growth
4. Providing people with adequate
nutrition & energy
5. Environmental protection
Annual Plans 1990-92 Maximization of employment & social transformation
Eighth 1992-97 Indicative Planning 1. Human Resources Economic Crisis & Reforms (LPG Introduction of Pradhan 6.8% against 5.6%
Development Model) Mantri Rozgar
2.Public Health Yojana(PMRY) in 1993
Ninth 1997-2002 Growth with social justice & Priority to agriculture& rural 5.7% against 6.5%
equality development
Tenth 2002-2007 Targets for 11 key GDP growth Double the per capita income in 1. India’s FOREX 7.6% against 8%
developmental indicator next 10 years. increased
2.FDI inflow increased &
thus fiscal deficit
decreased
Eleventh 2007-2012 “Faster and more inclusive 8% against 9 %
growth”
Twelfth 2012-2017 “Faster, sustainable & more 1. To reduce IMR(Infant Mortality Rate) to 25 and MMR Target: GDP
(The funds inclusive growth” (Maternal Mortality Rate) to 1 per 1000 live births Growth Rate 8%
allocation under 2. Improve child sex ratio to 950 Agriculture 4%
Niti Aayog) 3.Add 30,000 MW of renewable energy capacity Manufacturing10%
Sources - http://planningcommission.nic.in/plans/planrel/fiveyr/welcome.html
http://planningcommission.nic.in/plans/planrel/fiveyr/welcome.html
http://mospi.nic.in/sites/default/files/Statistical_year_book_india_chapters/Five%
ECONOMICS|NAMAN JAIN-|namanjain5970@gmail.com Page 2
20Year%20Plan%20writeup_0.pdf
http://mospi.nic.in/sites/default/files/Statistical_year_book_india_chapters/Five%
20Year%20Plan%20writeup_0.pdf