Five Year Plan of India

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India 's Five Year Plans: All at a Glance Email ThisBlogThis!Share to TwitterShare to Facebook This topic will help to get a glimpse of all five year plans till now and recommended for students/ aspirants of SBI Clerical Exams going to be held shortly. For more details please visit Planning Commission of India 's website here Planning Commission (Estb. 1950) In March 1950, Government of India constituted a statutory body with the Prime Minister of India as its Chairman-called the Planning Commission. Pt. Jawaharlal Nehru was the first Chairman of the Planning Commission. National Planning Council (Estb. 1965) It is an advisory body attached to the Planning Commission and was established in 1965. It includes experts representing…show more content…
Objectives: In addition to removal of poverty and attainment of self-reliance, the Fifth Plan had the following major objectives. i) 5.5 per cent overall rate of growth in Gross Domestic objectives. ii) Expansion of productive employment and fuller utilisation of existing skills and equipment. iii) A national programme for minimum needs and extended programmes of social welfare. Outlay: A total outlay of Rs. 53,410 crore was proposed for the Fifth Plan. SIXTH FIVE YEAR PLAN (1980-85) The draft of the Sixth Five Year Plan (1978-1983) was presented in 1978. However, the plan was terminated with the change of Government in January 1980. The new Sixth Five Year Plan was implemented in April 1980. Objectives: i) To eliminate unemployment and underemployment. ii) To raise the standard of living of the poorest of masses. iii) To reduce disparities in income and wealth. Outlay: The proposed outlay for the Sixth Plan totalled Rs. 1, 58, 710 crore. SEVENTH FIVE YEAR PLAN (1985-90) The draft of the Seventh Plan was approved on November 9, 1985 by the National Development Council. The plan was part of the long-term plan for the period of 15 years. Objectives: i) Decentralisation of planning and full public participation in development. ii) The maximum possible generation of productive employment. iii) Removal of poverty and reduction in income disparities. EIGHTH FIVE YEAR PLAN (1992-97) The Eighth Plan

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