Dear friends, let us discuss today about the various five year plans, the year of implementation and objectives of these plans. The thirteenth plan is going on.
| Year |
Five year plans |
Objectives of plans |
| 1951-56 |
First Five Year Plan |
- Social service
- Reconstructing economy
- To solve food crisis and increasing production capital
|
| 1956-61 |
Second Five Year Plan |
- To increase investment in basic and key industries
- To solve the problem of employment and inequality
|
| 1961-66 |
Third Five Year Plan |
- To expand basic industries like steel, chemical and fuel
|
| 1966-69 |
Plan Holiday |
- 14 banks were nationalized and green revolution happened
|
| 1969-74 |
Fourth Five Year Plan |
- Growth with stability
- Improve public sector
- To increase employment opportunities and self sufficiency in agriculture sector
|
| 1974-78 |
Fifth Five Year Plan |
- Increase employment, medical facilities, improve social welfare
- Agricultural development, export promotion and import reduction
|
| 1978-79 |
Rolling Plan |
|
| 1980-85 |
Sixth Five Year Plan |
- To encourage modernization
- Reduce poverty
- To improve standard of living and reduce regional disparities
|
| 1985-90 |
Seventh Five Year Plan |
- To provide people food, cloth, shelter
- Universal education and health facilities
|
| 1992-97 |
Eighth Five Year Plan |
- To reduce population explosion
- To make primary education compulsory
- To strengthen infrastructure
|
| 1997-2002 |
Ninth Five Year Plan |
- To improve quality of life
- To regional imbalance
- To promote self dependence
|
| 2002-2007 |
Tenth Five Year Plan |
- To reduce regional discrepancies of financial market
- To accelerate saving and promote investment
- To make strategies for reducing population
|
| 2007-2012 |
Eleventh Five Year Plan |
- To strengthen the weaker sections of the society
- To empower women
- To expand irrigation facilities
- To improve quality of life of citizens
|
| 2012-2017 |
Twelfth Five Year Plan |
- To improve the international trade and promoting export
- Making India progressive
|
| 2017-2022 |
Thirteenth Five Year Plan |
- To promote start up India
- Making young entrepreneurs.
|
This was all about the various five year plans, the year of implementation and objectives of these plans. The thirteenth plan is going on.
