Five Year Plans in India

These flashcards cover important aspects of the various Five Year Plans implemented in India, including their duration, focus, models, and key achievements.

What was the duration of the First Five Year Plan in India?

1 April 1951 to 31 March 1956.

Which model was the First Five Year Plan based on?

Harold Domar model.

What was the main focus of the First Five Year Plan?

Agriculture and irrigation.

What was the target growth rate of the First Five Year Plan?

2.1 percent.

What was the actual growth rate achieved in the First Five Year Plan?

3.6 percent.

Which significant program was launched on 2 October 1952 under the First Five Year Plan?

Community Development Program.

What was the basis of the Second Five Year Plan?

P.C. Mahalanobis model.

What was the primary focus of the Second Five Year Plan?

Heavy and large industries.

What was the growth rate target for the Second Five Year Plan?

4.5 percent.

Which significant entity was established under the Second Five Year Plan in September 1956?

Life Insurance Corporation of India (LIC).

What was the actual growth rate achieved in the Second Five Year Plan?

4.2 percent.

What was the target growth rate for the Third Five Year Plan?

5.6 percent.

Which model was the Third Five Year Plan based on?

Sukhamoy Chakravarty model.

What was the notable failure during the Third Five Year Plan?

India's wars with China in 1962 and Pakistan in 1965.

Which emergency was declared during the Third Five Year Plan?

First National Emergency (1962-1964).

When did the Fourth Five Year Plan take place?

1969 to 1974.

What was the target growth rate for the Fourth Five Year Plan?

5.7 percent.

Which major event occurred in 1969 under the Fourth Five Year Plan?

Nationalization of 14 banks.

What was the basis of the Fifth Five Year Plan?

Poverty alleviation and inflation control.

What was the growth rate target for the Fifth Five Year Plan?

4.4 percent.

What was the actual growth rate achieved in the Fifth Five Year Plan?

4.5 percent.

When was the Sixth Five Year Plan initiated?

April 1980 to March 1985.

What was the objective of the Sixth Five Year Plan?

Modernization and technological development.

Which operation took place during the Sixth Five Year Plan in 1984?

Operation Blue Star.

What was the Seventh Five Year Plan's focus?

Reduction of regional inequalities.

What was the target growth rate for the Seventh Five Year Plan?

5 percent.

What growth rate was achieved in the Seventh Five Year Plan?

6 percent.

What was the Eight Five Year Plan's focus?

Human resources development.

What was the target growth rate for the Eight Five Year Plan?

5.6 percent.

What significant reforms were introduced during the Eight Five Year Plan?

LPG reforms (Liberalization, Privatization, Globalization).

What was the goal of the Ninth Five Year Plan?

Social justice and equality.

What was the target growth rate for the Tenth Five Year Plan?

8 percent.

What growth rate was achieved in the Tenth Five Year Plan?

7.7 percent.

What was the Eleventh Five Year Plan's growth rate target?

9 percent.

What did the Twelfth Five Year Plan focus on?

Faster, more inclusive, and sustainable development.

What major legislation was enacted in 2013 under the Twelfth Five Year Plan?

Food Security Act.