January 3, 2019

Important Features of the Five Year Plans

                                                 Important Features of the Five Year Plans


Plan
Year
Objective
Extra Information
1st
1951-56
A.    Revive economy from WWII and partition of the country
B.    All round balanced development
C.    Full utilization of resources
D.    Reduction of economic inequalities
E.    High priority to agricultural development
F.     Improvement in the living standards
Based on Harris Domar model

2nd
1956-61
A.    Increase in national income
B.    Rapid industrialization
C.    Expansion of employment opportunities
D.    Reduction of economic inequalities
Mahalonobis model
Based on socialist pattern of society
3rd
1961-66
A.    Increase in national income
B.    Self sufficiency in food grains and increase in agricultural production
C.    Expansion of basic industries
D.    Expansion in employment opportunities
E.     Greater equality of opportunity
F.     Reduction in disparities of income and wealth
A failure plan
Plan Holiday
1966-69

No regular planning
4th
1969-74
A.    Acceleration of development
B.    Price stability
C.    Raising standard of living
D.    Promotion of equality and social justice
E.     Improving the conditions of the less privileged and weaker sections
F.     Increase in employment

5th
1974-78
A.    Self-reliance
B.    Poverty alleviation
C.    Raising standard of living and consumption level of people living BPL
D.    Increase in employment opportunities
E.     Control over inflation
·        Closed one year prior to its schedule
·        Export promotion and import substitution

Rolling Plans
1978-83

·        Introduced by Janata government
·        Short term plans
6th
1980-85
A.    Removal of poverty
B.    Strengthening of infrastructure for both agriculture and industry
C.    Increase in employment
D.    Reduction in inequalities

7th
1985-90
A.    Increase in employment opportunities
B.     Rapid growth in food grain production

8th
1992-97
A.    Achieve near full employment by the turn of the century
B.    Contain population growth through people's active cooperation
C.    Universalization of elementary education
D.    Provision of safe drinking water and primary healthcare to all villages
E.     Growth and diversification of agriculture
F.     Strengthening of infrastructure

9th
1997-2002
A.    Priority to agriculture and rural development
B.    Accelerating the growth rate of economy with stable prices
C.    Ensuring food and nutritional security to all
D.    Providing the basic minimum services
E.     Contain the growth rate of population
F.     Ensure environmental stability of the developmental process
G.    Empowerment of women and socially disadvantaged groups
H.    Promote and develop people's participatory institutions
I.      Strengthen efforts to build reliance
·        50th year of India's independence
·        Focus- "growth with social justice and equality"
10th
2002-07
A.    Target of 8% average GDP growth
B.    Enhancement of human well being
C.    Reduction of poverty ratio by 5% points (2007) and 15% (2012)
D.    Providing gainful and high quality employment
E.     All children in school by 2003; all children to complete 5 years schooling
F.     Reduction in gender gaps in literacy and wage rates by 50%
G.    Reduction in the decadal growth rate of population to 16.2%
H.    Increase in literacy rate to 75%
I.      Reduction of infant mortality rates to 45 per 1000 live births (2007) and 28 (2012)
J.      Reduction of maternal mortality rate ratio to 2 per 1000 live births (2002) and to 1 (2012)
K.    Increase in forest and tree cover to 25% (2007) and 33% (2012)
L.     All villages to have sustained access to potable drinking water
M.   Cleaning of all major polluted rivers 

11th
2007-12
A.    A target of 9% GDP growth and 7.5% per Capita GDP
B.    Access to essential Servcies in health and education
C.    Equality of opportunity, as well as economic and social mobility for all sections of society
D.    Environmental sustainability
E.     Recognition of women as agents of sustained socio-economic growth and change
F.     Improvement in governance

12th
2012-17
A.    Create 50 million new work opportunities in the non-farm sector
B.    Remove gender and social gap in school enrollment
C.    Enhance access to higher education
D.    Reduce malnutrition among children aged 0-3 years
E.     Provide electricity to all villages
F.     Ensure that 50% of the rural population have access to proper drinking water
G.    Increase green cover by I million hectare every year
H.    Provide access to banking services to 90% of households
I.      Achieve a growth rate of 8%

·       Titled “Faster, more inclusive and sustainable growth”
·       Last Five-year plan of India as the Planning Commission was substituted by the NITI Aayog in 2014 which scrapped the 5 Year Plans 

No comments:

Post a Comment