India's 5 Year Plans

1st tail fin 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 belief on food grain imports, resolve the food crisis and relaxation 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 urge for industrial growth. 1st five year scheme prove dramatic success as agriculture performance hiked, theme income went up by 18%, per capita income by 11% and per capita function by 9%. 2nd Five year course of study (1956-61) It projected towards the agriculture programs and to meet the raw material ask of industry, overly covering the food needs of the increasing population. The industrial insurance of 1956 was socialistic in nature. The programm e aimed at 25% farm up in national income. Second Five Year Plan showed a moderate success. Agricultural output signal was greatly unnatural by the unfavorable monsoon in 1957-58 and 1959-60 and as well as the Suez crisis blocked transnational Trading increasing commodity prices.

tertiary Five Year Plan (1961-66) Plans principal(prenominal) motive was to make the country self reliant in agriculture and industry and for this allotment for power sector was increase to 14.6% of the total disbursement. The plan aimed to increase national income by 30% and agriculture duty by 30% and to promote economical developments in reversed areas;! unfeasible manufacturing 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. quaternary Five Year Plan (1969-74) This five year plan mainly emphasise on encouraging education and creating employment opportunities for the marginalized section of the parliamentary procedure as improvement in their standard of living would just make the...If you want to cohere a full essay, monastic order it on our website: OrderCustomPaper.com

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