Five Years Plan in India: Part 2 (For IBPS PO and SSC CGL 2017)

Five Years Plan in India - Part 2

For IBPS PO and SSC CGL 2017

Some Special key notes of five years Plan:

• Rolling Plan: in 1978 Janta Government started every year activities of the plan which is called Rolling Plan.
• 4th plan was obstructed by 1.problem of Bengal refugees, 2.poor monsoon, 3. War with Pakistan.
• In 5th five year plan weaker section has got priority.
• Rise in national income and per capita income are indicate economic growth through five year plan.
• There are five types of planning: a. Imperative Planning, b. Indicative Planning, c.Perspective Planning, d.Rolling Plan, e. Core plan.
• “Gandhian model” (1944) was introduced by Acharya S.N.Agarwaal   to development the cultural and material section.
• Fifth five year plan was terminated before the completion of its period. 

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Discussion about five year plan: 

Five year plan, period and model.	Target GDP in %	Achievement GDP in %	Aim of this Plan and other activities.
Six Plan, (1980-1985), depend on Infrastructural changing.	5.2	5.5	1st jantat government schedule this originally 1978-1983, but after that when Congress government came then this schedule newly presented for the period 1980-1985. The main aim of this plan was to reduce poverty, increasing of modern technology, population control, family planning and passionate life for people in India. Two very important programme introduced by government to achieve  the above following aim were giving: 1.      Minimum Needs Programme (MNP). 2.      Integrated Rural Development Programme (IRDP). This plan was successfully achieved its goal, annual growth rate 5.7%.
Seventh Plan, (1985-1990), prepared by Pranav Mukherjee.	5.0	6.0	It was a very bright full planning in history of planning commission. The main aim in this programme was to create more job opportunity, self sufficient income, decrease population growth, increase power production and environment protection. More priority given to privet sector rather than public sector. JRY (Jawahar Rozgar Yojana) for employment generating was started in this plan. Achievement GDP more than target GDP and it was reached to 6.0%.
Eight plan, (1992-1997), John W.Miller Model.	5.6	6.8	Economic Crisis was found in this time also recession of industries and raising the prices. Due to unbalancing of political situation this session approved in between 1992-1997. Economic reforms and fiscal reforms initiated by the government of P.V.Narasimha Rao. The main focus on “Public public Health and Education” and “Development of Human resources”. PMRY (Pradhan Mantri Rozgar Yojana) was started on 1993 during this plan. GDP rate successfully reached its Target and achieved 6.8%.
Ninth Plan, (1997-2002), development by “Planning Commission”	7.1	6.7	Main aim of this plan was to rural development, self employment, agriculture. “Growth with Social Justice and Equity” was the focus of this plan. Due to recession of International economy this plan was failure to achieve its target GDP. Infrastructure Development Finance Company constituted in this plan.
Tenth plan, (2002-2007), development by “Planning Commission”	8	7.7	In this plan the main aim were to reduced population growth rate and poverty rate, increasing more job opportunity, industriar development, education, water supply development etc. Foreign Direct Investment (FDI) increased. PURA (Providing Urban Amenities in Rural Areas) was developed in 20th January,2004 on the time of Dr. A.P.J Abdul Kalam to development create modern technology and modern amenities without population transfer and achieved economy development.
Eleventh Plan,(2007-2012), Prof. C.Rangarajan.	8.1	7.9	“Faster and More inclusive growth” was its main objects. Electricity development, education rate, concuss of environment pollution, eclectic supply in every village. Public-Private Partnership (PPP) mode in rural areas in PURA scheme in 11th plan.
Twelfth Plan, (2012-2017) development by “Planning Commission”	8	-	Target to decreasing poverty level 10%. Age should be 7 years to admission in school. Banking service reached to 90% Indian. Priority to reach the opportunity of main development project and subsidy through AADHAR. National food security mission introduced in this plan.

Annual Plan: due to rapid changing of Political situation eight plans did not propose in 1990-1995). In 1990-91 and 1991-1992 two separate plans produced to control our economic state and increasing Employment and industries development.

Also Read Economic Planning in India: Part 1 - Click Here