Transcript The first five year plan India (1951

First Five Year Plan
(1951-55)
Total budget: 206.8 billion (INR) or USD$23.6 billion.
Objectives
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the standard of living
Community and agriculture
development
Energy and irrigation
Communications and
transport
Industry
Land rehabilitation
Social services
Target of GDP growth 2.1 per
year
Achieved had been 3.6% per
year
ACHIEVEMENTS
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GDP 3.6% per year
Evolution of good irrigation
system
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improvement in
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roads
civil aviation
railways
Telegraphs
posts
manufacture of fertilizers
electrical equipment
Disadvantages
development of only a few industries
 private industry had not developed
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Second Five Year Plan
(1956-1961)
ACHIEVEMENTS
OBJECTIVES
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To increase by 25% the national
income
To make the country more
industrialized
To increase employment
opportunities so that every citizen
gets a job
Development of
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Mining and industry
Community and agriculture
development
Power and irrigation
Social services
Communications and transport
Miscellaneous
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5 steel plants
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a hydro-electric power project
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production of coal increased
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more railway lines
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Land reform measures
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improved the living standards of
the people
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The large enterprises in
seventeen industries were
nationalized
Disadvantages
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eliminate the importation of consumer
goods
high tariffs
Low quotas or banning some items
altogether
License were required for starting new
companies
This is when India got its License Raj, the
bureaucratic control over the economy
When a business was losing money the
Government would prevent them from
shutting down
Third Five Year Plan
(1961-1966)
OBJECTIVES
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More stress to agriculture
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subsidies
Sufficient help
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Effective use of country's resources
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To increase the national income by
5% per year
To increase the production of
agriculture so that the nation is self
sufficient in food grains
To provide employment opportunities
for every citizen of the country
To establish equality among all the
people of the country
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ACHIEVEMENTS
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Decentralization
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Organizations formed
 Panchayat
 Zila
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Parishads
Laid emphasis on
 oil
conservation
 irrigation
 Afforestation
 dry farming
Many fertilizer and cement plants
were built
 Green Revolution
PMs
Jawaharlal Nehru
Gulzarilal Nanda
Lal Bahadur Shastri
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Problems faced
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Sino Indian War, India witnessed
increase in price of products. The
resulting inflation
4th Five Year Plan
(1969 to 1974)
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OBJECTIVES
to reform and restructure
govts expenditure
agenda( defense
became one major
expense)
To facilitated growth in
exports
to alter the socio
economic structure of
the society
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ACHIEVEMENTS
Great advancement has
been made with regard
to India's national
income
considered as one of the
emerging powers
served as a stepping
stone for the economic
growth
Food grains production
increased
problems
a gap was created between the people
of the rural areas and those of the urban
areas.
 Due to recession, famine and drought,
India did not pay much heed to long
term goals
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Fifth Five Year Plan
1974 to1979
OBJECTIVES
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To reduce social, regional,
and economic disparities
To enhance agricultural
productivity
To check rural and urban
unemployment
To encourage selfemployment
Production support policies
in the cottage industry
sector
To develop labor intensive
technological improvements
PROBLEMS
The international economy
was in a trouble
 Food, oil, and fertilizers
where prices sky-rocketed
 Several inflationary
pressures
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ACHIEVEMENTS
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Food grain production was
above 118 million tons due to
the improvement of
infrastructural facilities
Bombay High had shot up the
commercial production of oil in
India
Problems faced
The world economy was in a
troublesome state
 This had a negative impact on the Indian
economy
 Prices in the energy and food sector
skyrocketed and as a consequence
inflation became inevitable
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Sixth Five Year Plan
1980 to1985
OBJECTIVES
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To improve productivity level
To initiate modernization for
achieving economic and
technological self-reliance
To control poverty and
unemployment
To develop indigenous energy
sources and efficient energy
usage
To promote improved quality of
life of the citizens
To introduce Minimum Needs
Program for the poor
To initiate Family Planning
ACHIEVEMENTS
 Speedy industrial
development
 Emphasis on the information
technology sector
 self sufficiency in food
 science and technology also
made a significant advance
 several successful programs
on improvement of public
health
 government in the Indian
healthcare sector
 Government investments in
the Indian healthcare sector
Problems faced
 During this time the Prime Minister was
Rajiv Gandhi and hence industrial
development was the emphasis of this plan
some opposed it specially the communist
groups, this slowed down the pace of
progress.
Seventh Five Year Plan
1985 to 1989
OBJECTIVES
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Anti-poverty program
Improved facilities for education
to girls
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Oilseeds,Fruits,Vegetables
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Egg,Meat,milk.
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The government undertook to
increase productivity of
Pulses,cereals,Fish
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Communications
 Emergence of informatics, and
hooking up of
telecommunications with
computers
Transport
 inland waterways, product
pipelines, civil aviation, coastal
shipping
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ACHIEVEMENTS
Social Justice
Removal of oppression of
the week
Using modern technology
Agricultural development
Anti-poverty programs
Full supply of food,
clothing, and shelter
Increasing productivity of
small and large scale
farmers
Making India an
Independent Economy
Problems
1989-91 was a period of political
instability in India and hence no five year
plan was implemented
 In 1991, India faced a crisis in foreign
exchange(Forex) reserves
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Eighth Five Year Plan
1992 to1997
OBJECTIVES
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Prioritize the specific sectors which
requires immediate investment
To generate full scale employment
Promote social welfare measures
like improved healthcare, sanitation,
communication and provision for
extensive education facilities at all
levels
To check the increasing population
growth by creating mass awareness
programs
To encourage growth and
diversification of agriculture
To strengthen the infrastructural
facilities
To place greater emphasis on role
of private initiative in the
development of the industrial sector
ACHIEVEMENTS
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Rise in the employment level
Poverty reduction
Self-reliance on domestic
resources
Self-sufficiency in
agricultural production
GDP Growth Per Annum
5.6
Ninth Five Year Plan
1997 to 2002
ACHIEVEMENTS
OBJECTIVES
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to prioritize rural development
to generate adequate
employment opportunities
to stabilize the prices
to ensure food and nutritional
security
to provide for the basic
infrastructural facilities like
education for all, safe drinking
water, primary health care,
transport, energy
to check the growing
population increase
to encourage social issues
like women empowerment
to create a liberal market for
increase in private
investments
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A combined effort of public,
private, and all levels of
government
ensured the growth of India's
economy.
Service sector showed fast
growth rate
Tenth Five Year Plan
(2002-2007)
OBJECTIVES
To transform the country into the fastest growing economy of the world
 targets an annual economic growth of 10%
 Human and social development
 The social net
 Industry and services:
Industry,Minerals,Energy,Information technology,Tourism,Real
estate,Construction,Internal trade
 Forests and environment
 Science and technology
 Special area programs
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schooling to be compulsory for children
Eleventh five year plan
OBJECTIVES
 Income
& Poverty
 Education
 Health
 Women and Children
 Infrastructure
 Environment