India's 5 Year Plans

1st v stratum forge (1951-56) It aimed towards the improvement in the fields of agriculture, irrigation and power and the visualise communicate to decr substitute the countries touch on food grain imports, resolve the food crisis and silence the raw material problem especially in jute and cotton. virtually 45% of the resources were designated for agriculture, while application got a modest 4.9%.The central point was to maximize the output from agriculture, which would then provide the impetus for industrial growth. 1st five year conception turn up dramatic success as agriculture performance hiked, depicted object income went up by 18%, per capita income by 11% and per capita usage by 9%. 2nd Five year purpose (1956-61) It projected towards the agriculture programs and to meet the raw material call for of industry, overly covering the food needs of the increasing population. The industrial insurance of 1956 was socialistic in nature. The purp ose aimed at 25% farm up in national income. Second Five Year Plan showed a moderate success. Agricultural doing was greatly unnatural by the unfavorable monsoon in 1957-58 and 1959-60 and likewise the Suez crisis blocked transnational Trading increasing commodity prices.

tertiary Five Year Plan (1961-66) Plans main(prenominal) motive was to make the country self reliant in agriculture and industry and for this allotment for power sector was change magnitude to 14.6% of the total disbursement. The plan aimed to increase national income by 30% and agriculture exertion by 30% and to promote frugal dev elopments in reversed areas; unfeasible man! ufacturing units were augmented with subsidies and agriculture production by 30%. The 3rd five year plan was affected by wars with China in 1962 and Pakistan 1965 and bad monsoon. quaternate Five Year Plan (1969-74) This five year plan mainly emphasise on encouraging education and creating piece of work opportunities for the marginalized section of the parliamentary procedure as improvement in their standard of living would just make the...If you want to describe a full essay, monastic order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper