Five Year Plans of India
Key Takeaway
The notion of economic planning in India was inherited fromRussia (then USSR), andJoseph Stalin was the first person in the world to adopt the Five Year Plan in 1928.
Five Year Plans of India
The notion of economic planning in India was inherited fromRussia (then USSR), andJoseph Stalin was the first person in the world to adopt the Five Year Plan in 1928. Until recently, India has had12 five-year plans.
In1951, the first five-year planwas implemented. The drafting of new five-year plans was halted in 2017 by the NDA government. The 12th Five-Year Plan was India's final five-year plan.
Five-year plans are a recurring feature of allKerala PSCexaminations. As a result, we attempted to incorporate all of the points from the various previous year question papers.
List of all Five Year Plans of India
Table of ContentsHistoryFirst Five Year PlanSecond Five Year PlanThird Five Year PlanPlan HolidaysFourth Five Year PlanFifth Five Year PlanRolling PlanSixth Five Year PlanSeventh Five Year PlanAnnual PlansEighth Five Year PlanNinth Five Year PlanTenth Five Year PlanEleventh Five Year PlanTwelfth Five Year Plan
History Behind the Five Year Plan
Long before Independence, the Indian National Congress recognized the need of planning for the growth of a new embryonic nation. It resulted in the establishment of theNational Planning Committee in 1938.
In1944,a group of industrialists joined together and prepared a unified proposal for establishing a planned economy in India. It is commonly referred to as theBombay Plan.
Subsequently, theGandhian Plan in 1944, the Peoples Plan in 1945 (by the Postwar Reconstruction Committee of the Indian Trade Union), and the Sarvodaya Plan by Jaiprakash Narayan in 1950were all steps in this direction.
First Five Year Plan(5)
| Item | Detail |
|---|---|
| Duration | 1951-1956 |
| Based on | Harrod–Domar modelwith modifications |
| Came into effect on | April 1, 1951 |
| The architect of the Preamble of the First Five-Year Plan | Dr. K.N. Raj(Kakkadan Nandanath Raj) |
| Focus | Agriculture, Irrigation & Electrification |
- Launched–(2)
| Item | Detail |
|---|---|
| Major Irrigation Schemes | Hirakud, Damodarwali & Bhakra Nangal |
| Success rate | ⬆3.6 % GDP growth (> 2.1% target) |
Second Five Year Plan(8)
| Item | Detail |
|---|---|
| Duration | 1956 -1961 |
| Based on | P.C. Mahalanobis Model /Â Nehru-Mahalanobis model |
| Focus | Industry, Transport, Health & Reduction of Unemployment |
| Launched on | October 2, 1959 |
| First Launched in | Nagour (Rajasthan) |
| The Panchayat Raj system was introduced under the recommendation of | Belwant Rai Mehta Committee |
| Launched | Rourkela, Bhilai & Durgapur Steel Plants |
| Success rate | ⬇4.27 % growth (< 4.5% target) |
Third Five Year Plan(70)
| Item | Detail |
|---|---|
| Duration | 1961 - 1966 |
| Based on | John Sandy and Sukhamoy Chakraborty's model |
| Focus Areas | Self-sufficiency of the economy, Food grain production especially wheat |
| Launched | Bokaro Steel PlantState Electricity BoardState Secondary Education Board |
| Success rate | ⬇2.8 % growth (< 5.8% target) |
| Plan Holidays (Three Annual Plans)Plan Holiday | thethree-year period from1966 to 1969 |
| Prime Minister of India at the time of the announcement of the Plan Holiday | Indira Gandhi* |
| Duration | 1969 - 1974 |
| Focus | Sustainable growth and self-sufficiencyBased on– Gadgil'smodel of strategic growth with stabilityUnder the leadership ofIndira Gandhi |
| Launched | Green Revolution |
| Operation Flood (1970)Launched by | National Dairy Development Board.To increase Milk Production |
| Success rate | ⬇3.4 % growth (< 5.7% target) |
| Fifth Five Year PlanDuration | 1974 - 1979 |
| The draft of Fifth Five Year Plan was prepared and launched by | D.P. Dhar |
| Focus | Poverty alleviation (Garibi Hatao), Employment, Justice, and self-sufficiencyIndira Gandhi 's slogan' Garibi Hatao. 'Set up–the Twenty-point Programme (1975) |
| Minimum Needs Programme (MNP)Prepared by | D.P. Dhar |
| Aim | to provide basic minimum needs |
| Success rate | ⬆4.9% growth (> 4.4% target) |
| Duration | 1978 -1980 |
| The concept of the Rolling plan was put forward by | Prof. Gunner Myrdal |
| This plan was for a fixed number of years | 3,4 or 5 |
| Perspective plan for long terms | 10, 15, or 20 years |
| Sixth Five Year PlanDuration | 1980-1985 |
| Focus | Increase national income, modernize existing technology and eradicate poverty |
| Under the leadership of | Indira Gandhi |
| Based on | Yojna investment, infrastructure changes, and a growth model trend |
| Launched | NABARD(National Bank for Agriculture and Rural Development)Founded on:July 12, 1982 |
| Success rate | ⬆5.4% growth (> 5.2% target) |
| Seventh Five Year PlanDuration | 1985-1990 |
| Focus | Job creation, increase in food grain production, modernization, self-sufficiency, social justice |
| Under the leadership of | Rajiv Gandhi |
| The technical adviser to the Prime Minister at the time of the communication revolution in India | Sam Pitroda* |
| Launched | Jawahar Rozgar YojanaLaunched on – April 1, 1989 |
| Aim | to provide paid jobs for the rural poor.by merging National Rural Employment Program (NREP) and Rural Landless Employment Guarantee Programme (RLEGP) |
| Success rate | ⬆5.6% growth (> 5.0% target) |
| Annual PlansDuration | 1990-91 &1991-92 |
| Finance Minister | Dr. Manmohan Singh |
| Eighth Five Year PlanDuration | 1992-1997 |
| Focus | Human Development and modernization of industries |
| Under the leadership of | P.V. Narasimha Rao |
| Based on | Rao-Manmohan Modelof Economy |
| Launched | Pradhan Mantri Rosgar Yojana (PMRY)Aim – to provide self-employment opportunities to educated youths who are unemployed |
| Success rate | ⬆6.6% growth (> 5.6% target) |
| Ninth Five Year PlanDuration | 1997- 2002 |
| Focus | Housing assistance for the poor, nutrition for children, access to clean water, enhancement of primary health care facilities, universalization of primary education, and connecting villages with the mainstreamUnder the leadership of– Atal Bihari Vajpayee |
| Launched | Sarva Shiksha Abhiyan (2001)Sampoorna Grameen Rozgar Yojana (2003) |
| Success rate | 5.6%⬇growth (< 6.5% target) |
| Tenth Five Year PlanDuration | 2002- 2007 |
| Under the leadership of | Atal Bihari Vajpayee & Dr. Manmohan Singh |
| Focus | Reduce gender discrimination in education and wages, reduce maternal and child mortality, improve literacy, increasing foreign investment, provide clean drinking water for all by 2009 and modernize water resources |
| Aim | to reduce the poverty rate to 15% by 2012.to double India's per capita income in the next ten years |
| Launched | National Rural Health Mission,National Rural Employment Guarantee Programme |
| Success rate | ⬇7.6%growth (< 8.0% target) |
| Eleventh Five Year PlanDuration | 2007- 2012 |
| Focus | Rapid and Inclusive growthUnder the leadership of– Dr |
| Priority for the sustainability of food items and environmentLaunched | National Rural Livelihood Mission,Success rate–⬇8%growth (< 9% target) |
| Twelfth Five Year PlanDuration | 2012- 2017 |
| Focus | Faster, More Inclusive, and Sustainable Growth |
| Under the leadership of | Manmohan Singh.To strengthen infrastructure projects, and provide electricity supply in all villages |
| Aadhaar Scheme, Aam Aadmi Bima YojanaSuccess rate | ⬇8%growth (< 9% target) |
| Also Refer:Previous Year PSC Questions on Five Year Plans of India📝SideNotes:Name the famous book written by Gunnar Myrdal | Asian drama |
| The first country in the world to start a Rolling Plan | Pakistan |
| The first state in India to implement the Panchayatraj System | Rajasthan |
| Father of Indian Budget | P.C |
| Father of Green Revolution in India | M.S. Swaminathan |
| Father of India's IT revolution | Sam Pitroda |
| Father ofNew Economic Policy (NEP)of India 1991 | Manmohan Singh.NEP was introduced on – July 24, 1991 |
| The Banking Regulation Act was passed in the year | 1949 |
| The National Development Council was formed in | 1952 |
| The chairman of the National Development Council was | the Prime Minister* |
* Time-sensitive data — verify for latest information