TNPSC Frequently Asked Question: Five Year Plans of India

Five Year Plans of India:

Since 1947-2017 Indian Economy was premised the concept of planning this was carried out as a ‘Five Year Plan’. This Five year plan was developed and executed by the ‘Planning Commission’ and the NITI Aayog. Twelfth Plan is currently underway and this plan is a Last Five Year Plan which is decided by NITI Aayog. Indian Government takes the concept of five year plans from the Russia.

First Five Year Plan:

Duration: 1951 to 1956

Focused on: Agricultural development of the country

Growth rate: 3.6% (more than its target)

Second Five Year Plan:

Duration: 1956 to 1961

Focused on: Industrial development of the country

Growth rate: 4.1%

Third Five Year Plan:

Duration: 1961 to 1966.

Focused on: Economy independent and to reach the self-active position of take-off.

Growth rate: Due to China war, could not achieve its target

Plan Holiday:

Duration: 1966 to 1969

Reason for plan holiday: Indo-Pakistan war & failure of the third plan. 

Fourth Five Year Plan:

Duration: 1969 to 1974

Focused on: Stability and achievement of self-reliance

Growth rate: 3.3% (less than its target of 5.7)

Fifth Five Year Plan:  

Duration: 1974 to 1979

Focused on: Agriculture, Industry, and mines

Growth rate: 4.8% (More than its target of 4.4%)

This plan was terminated in 1978.

Rolling Plan:

This plan was started with an annual plan for 1978-79 and as a continuation of the terminated fifth year plan.

Sixth Five Year Plan:  

Duration: 1980 to 1985

Focused on: Poverty eradication and technological self-reliance

Growth rate: 5.7%. (More than its target of 5.2%)

Seventh Five Year Plan:

Duration: 1985 to 1990

Focused on: self-sufficient economy and opportunities for productive employment

Growth rate: 6.0% (More than its target of 5.0%)

Annual Plans of 8th five year Plan could not conduct due to the volatile political situation. So, 2 annual programmes are conducted in 1990-1991 and 1991-1992.

Eighth Five Year Plan:

Duration: 1992 to 1997

Focused on: Employment, Education, and Public health

Growth rate: 6.8% (More than its target of 5.6%)

Ninth Five Year Plan:

Duration: 1997 to 2002

Focused on: Justice and Equity

Growth rate: 5.6% (less than its target of 7%)

Tenth Five Year Plan:

Duration: 2002 to 2007

Focused on: Double the per capital income

Aim to: Reduce the poverty ratio 15% by 2012

Growth rate: 7.2% (less than its target of 8.0%)

Eleventh Five Year Plan:

Duration: 2007 to 2012

Main theme: Faster and more inclusive growth

Growth rate: 7.9% (less than its target of 8.1%)

Twelfth Five Year Plan (Current Five-year plan of India):

Duration: 2012 to 2017

Main theme: Faster, More Inclusive and Sustainable growth

Growth rate: 8%

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