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%