List Of All Five Year Plans Of India

First Five-Year Plan

Jawaharlal Nehru presented the First Five-Year Plan to the Indian Parliament in 1951, which immediately required action. The development of the primary sector was the main emphasis of the first five-year plan.
The establishment of the nation’s industrial, agricultural, and educational infrastructure, as well as the provision of low-cost healthcare and education to the populace, were other significant goals.
The net domestic product increased by 15%, above the anticipated growth rate of 2.1% annually for the gross domestic product (GDP).

The Second Plan focused on the development of the public sector and “rapid Industrialisation.” Increased coal production and new railroad connections were both parts of this plan.
The Tata Institute of Fundamental Research and The Atomic Energy Commission was established. In 1957, a talent search and scholarship program was launched.
Due to a lack of available foreign currency, it could not be fully deployed and targets were reduced. However, five steel factories and hydroelectric power projects were developed at Bhilai, Durgapur, and Rourkela.

The Third Five-Year Plan was primarily concerned with helping India become an independent and self-sufficient economy.
Numerous cement and fertiliser facilities were constructed. Punjab started to produce a lot of wheat. In rural locations, many primary schools were first established. Local road construction became a governmental responsibility.
In 1965, a severe drought and the war with Pakistan contributed to inflation, and the goal of price stabilization became more critical. The actual growth rate was 2.4%, compared to the desired growth rate of 5.6%.

The Fourth Five-Year Plan’s main goal was to shift the emphasis away from making India a prosperous country and toward achieving economic stability and self-sufficiency based on the Gadgil formula.
Indira Gandhi nationalised 14 significant Indian banks while focusing on the Green Revolution to advance agriculture.
The anticipated growth for India was made worse by the war with Pakistan in 1971. The actual development was 3.3%, and the target growth was 5.6%.

The objective of the Fifth Five-Year Plan was the removal of poverty and the attainment of self-reliance. Development of Indian National Highways commenced, and tourism was given focus.
The anticipated growth was 4.4%, and 4.8% was achieved.

The sixth five-year plan prioritised policies and initiatives that would boost productivity, expand employment possibilities, and speed up the rise of foodgrain production.
The cost of food grains was increased, and ration shops were shut. The plan was successful as the anticipated growth was 5.2%, and 5.7% was achieved.

The seventh five-year plan’s primary objectives were rapid economic growth, robust expansion in manufacturing, agriculture, and related industries, increase in exports and imports, and reduction of the current account deficit.
The anticipated growth was 5%, and 6.01% was achieved.

The eight-year plan’s objectives were to generate jobs, slow population growth, make water and drinking facilities available, provide vaccinations in all villages, diversify agricultural activity, and boost the foundational infrastructure.
The anticipated growth was 5.6%, and the growth rate achieved was 6.8%.

The ninth five-year plan’s primary objectives were improved quality of life, creation of profitable jobs, regional balance, and independence. Advancement in social justice and equality.
It achieved a GDP growth rate of 5.4%, lower than the target. Yet, industrial growth was 4.5% which was higher than the targeted 3%. The service industry had a growth rate of 7.8%. An average annual growth rate of 6.7% was reached.

The Tenth Five-Year Plan’s goals included requiring children to attend school compulsorily by 2003, cleaning up all major rivers between 2007 and 2012, and reducing poverty by at least five percentage points by 2007.
They are providing valuable and lucrative employment opportunities, increasing the number of trees planted, and increasing the forest and tree areas to 25% by 2007 and 33% by 2012.
The goal was 8.1%, while the growth achieved was 7.7%.

The growth that is rapid and inclusive was the goal of the eleventh Five Year Plan. Empowerment through the way of training and skill improvement, decrease in gender inequality, sustainable environmental practices, growth rates in agriculture, industry, and services and making access to safe water available for all by 2009.
With the anticipated growth rate of 10%, the industry increased by an average of 7.2% annually.

Government objectives for the twelfth five-year plan included a 10% reduction in poverty.
The plan aimed to increase manufacturing sector growth to 10%, increase agriculture output to 4%, and build over 88,000 MW of additional power generation capacity while avoiding any bottlenecks.
The Twelfth Five-Year Plan of the Government of India was intended to reach a growth rate of 9%; however, on December 27, 2012, the National Development Council (NDC) decided on an 8% growth rate.