Five Year Plans

Contents

Five Year Plans. 1

First five year plan 1951-56:- 2

Second Five Year Plan:- 2

Third Five Year Plan:- 3

Annual Planning (or) Planning Holiday (1966-69):- 3

Fourth Five Year Plan: (1969-74):- 3

Fifth Five Year Plan: - (1974-78):- 4

Rolling plans (1978-80):- 4

Sixth Five Year Plan: (1980-85):- 4

Seventh Five Year Plan: (1985-90):- 5

Eighth Five Year Plan: (1992-97):- 5

Ninth Five Year Plan: (1997-2002):- 6

Tenth Five Year Plan: (2002-07):- 6

Eleventh Five Year Plan:- 6

12th Five Year Plan: (2012-17):- 7

 


First five year plan 1951-56:-

·         President: Jawaharlal Nehru.

·         Vice President: Gulzarilal Nanda.

·         This model is based on Harrod-Domar model.

·         Importance has given to Irrigation and Agriculture.

·         Designed by: Moksha Gundam Visweshwarayya.

·         Expected Budget: 2,069Crores

·         Real Budget: 1,960Crores.

·         Government Investment: 54%

·         Private Investment: 46%

·         Expected Growth: 2.1%

·         Achieved Growth: 3.6%

·         Per capital income growth: 1.8% (increased)

·         Domestic resources: 73%

·         Foreign help: 10%

·         Deficit: 17%

Second Five Year Plan:-

·         President: Jawaharlal Nehru.

·         Vice President: V.T. krishnamachaari.

·         Plan was designed by Mahalanobis.

·         It was based on the Big push Theory.

·         Importance has given to Industrial sector.

·         Expected cost: 4,800Crores.

·         Real cost: 4,672Crores.

·         Government Investment: 61%

·         Private Investment: 39%

·         Expected Growth Rate: 4.5%

·         Achieved Growth Rate: 4.1%

·         Per capital income growth: 1.9%

·         Domestic resources: 76%

·         Foreign help: 24%

·         Deficit: 20%

Third Five Year Plan:-

·         President: Jawaharlal Nehru.

·         Vice President: Ashok Mehta and C.M. Trivedi.

·         Designed by: Ashok Mehta and Petambaramseth.

·         Importance has given: Agriculture, Industrial section and to achieve Inclusive Regional growth.

·         Expected cost: 7,500Crores.

·         Real cost: 8,577Crores.

·         Government Investment: 65%

·         Private Investment: 35%

·         Expected Growth Rate:  5.6%

·         Achieved Growth Rate: 2.8%

·         Per capita Income Growth rate: 0.2%

·         National Investment: 59%

·         Foreign Help: 28%

·         Deficit: 13%

Annual Planning (or) Planning Holiday (1966-69):-

·         In this annual planning 6,626Crores has been invested

·         1966-67: 2,165Crores.

·         1967-68: 2,085Crores.

·         1968-69: 2,376Crores.

Fourth Five Year Plan: (1969-74):-

·         President: Indira Gandhi.

·         Vice President: D.R. Godgil.

·         Designed by: D.R. Godgil.

·         Importance has given: Growth with stability.

·         Expected cost: 15,942Crores.

·         Real cost: 15,779Crores.

·         Government Investment: 64%

·         Private Investment: 36%

·         Expected Growth Rate: 5.7%

·         Achieved Growth Rate: 3.3%

·         Per capita Income Growth rate: 1%

·         National Investment: 74%

·         Foreign Help: 13%

·         Deficit: 13%

Fifth Five Year Plan: - (1974-78):-

·         President: Indira Gandhi

·         Vice President: D.N. Haskar

·         Designed by: D.P. Dhar

·         Importance has given: Poverty alleviation and self reliance.

·         Expected cost: 37,250Crores.

·         Real cost: 29,426Crores.

·         Government Investment: 70%

·         Private Investment: 30%

·         Expected Growth Rate: 4.4%

·         Achieved Growth Rate: 4.8%

·         Per capita Income Growth rate: %

·         National Investment: 82%

·         Foreign Help: 15%

·         Deficit: 3%

Rolling plans (1978-80):-

·         President of Rolling Plan: Morarji Desai

·         Vice President: Lakdawala.

Sixth Five Year Plan: (1980-85):-

·         President: Indhira Gandhi.

·         Vice President: N.D. Tiwari, Y.B. Chavan.

·         Designed by: Lakdawala.

·         Importance has given: Alleviate Poverty (Garibo Hatawo)

·         Expected cost: 97,500Crores.

·         Real cost: 1, 09,290Crores.

·         Government Investment: 61%

·         Private Investment: 39%

·         Expected Growth Rate:5.2 %

·         Achieved Growth Rate: 5.7%

·         Per capita Income Growth rate: 3.2%

·         National Investment: 78%

·         Foreign Help: 8%

·         Deficit: 14%

Seventh Five Year Plan: (1985-90):-

·         President: Rajiv Gandhi.

·         Vice President: Manmohan Singh.

·         Designed by: Bramhanandam and Wakil.

·         Importance has given: Increased employment creation and productivity.

·         Expected cost: 1, 80,000Crores.

·         Real cost: 2, 18,730Crores.

·         Government Investment: 52%

·         Private Investment: 48%

·         Expected Growth Rate: 5.0 %

·         Achieved Growth Rate: 6.0%

·         Per capita Income Growth rate: 3.6%

·         National Investment: 75%

·         Foreign Help: 9%

·         Deficit: 16%

Eighth Five Year Plan: (1992-97):-

·         President: P.V. Narasimha Rao

·         Vice President: Pranab Mukherjee.

·         Designed by: Pranab Mukherjee.

·         Importance has given: Development, productivity and employment.

·         Expected cost: 3, 61,000Crores.

·         Real cost: 4, 85,460Crores.

·         Government Investment: 50%

·         Private Investment: 50%

·         Expected Growth Rate: 5.6%

·         Achieved Growth Rate: 6.8%

·         Per capita Income Growth rate: 4.6%

·         National Investment: 86%

·         Foreign Help: 5%

·         Deficit: 9%

Ninth Five Year Plan: (1997-2002):-

·         President: Deva Gowda.

·         Vice President: Sri Madhu Dandavathe.

·         Designed by: Sri Madhu Dandavathe.

·         Importance has given: Development with Social Justice.

·         Expected cost: 8, 59,200Crores.

·         Real cost: 9, 41,041Crores.

·         Government Investment: 48%

·         Private Investment: 52%

·         Expected Growth Rate: 6.5%

·         Achieved Growth Rate: 5.4%

·         Per capita Income Growth rate: 3.4%

Tenth Five Year Plan: (2002-07):-

·         President: Vajpayee.

·         Vice President: K.C. Pant

·         Designed by: K.C. Pant

·         Designed on the basis of Britland model.

·         Importance has given: Rural growth.

·         Expected cost: 15, 25,639Crores.

·         Real cost: 16, 18,460Crores.

·         Government Investment: 23%

·         Private Investment: 77%

·         Expected Growth Rate: 8.0%

·         Achieved Growth Rate: 7.8%

·         Per capita Income Growth rate: 5.9%

Eleventh Five Year Plan:-

·         President: Man Mohan Singh.

·         Vice President: Montek Singh Ahluwalia.

·         Designed by: M.S. Ahluwalia.

·         Importance has given: Faster and more inclusive growth.

·         Expected cost: 36, 44,718Crores.

·         Real cost: 36, 74,936Crores.

·         Government Investment: 23%

·         Private Investment: 77%

·         Expected Growth Rate: 8.1%

·         Achieved Growth Rate: 7.6%

·         Per capita Income Growth rate: 6.0%

12th Five Year Plan: (2012-17):-

·         President: Manmohan Singh.

·         Vice President: Montek Singh Ahluwalia.

·         Designed by: M.S. Ahluwalia.

·         Importance has given: Faster, sustainable and more inclusive growth.

·         Expected cost: 76, 69,807Crores.

·         Expected Growth Rate: 8%