India's Five Year Plans: For the smooth functioning of any economy, planning plays an important role.The Economy of India is based in part on planning through its five-year plans, which are developed, executed and monitored by the Planning Commission.India's five year plans are also supervised by the Planning commission.
India's Five Year Plans:
- First Five-Year Plan (1951-1956)
- Second Five-Year Plan (1956–1961)
- Third Five-Year Plan (1961–1966)
- Fourth Five-Year Plan (1969–1974)
- Fifth Five-Year Plan (1974–1979)
- Sixth Five-Year Plan (1980–1985)
- Seventh Five-Year Plan (1985–1990)
- Eighth Five-Year Plan (1992–1997)
- Ninth Five-Year Plan (1997–2002)
- Tenth Five-Year Plan (2002–2007)
- Eleventh Five-Year Plan (2007–2012)
1st five year plan:
Year: 1951 to 1956
The 1st five year plan dealt with seven categories.
Agriculture as well as community development
Energy as well as Irrigation
Communications and transport
2nd Five year plan:
Year: 1956 to 1961
The 2nd five year plan dealt with
production of coal,
addition of railway tracks and
The 2nd five year plan abided by Mahalanobis model.
3rd five year plan:
Year: 1961 to 1966
4th five year plan:
Year:1969 to 1974
Commencement of panchayat elections.
POW or prisoners of war were set free after Simla Agreement in the year 1972.
5th five year plan:
Year:1974 to 1979.
6th five year plan:
Year: 1980 to 1985.
This plan was known as the Janata government plan.
The Janata government plan was opposite to that of Nehruvian model.
7th five year plan:
Year:1985 to 1989.
Indian National Congress regained power.
8th five year plan:
Year: 1992 to 1997.
It may be noticed that the period between 1989 to 1991 seems to lie idle. But according to the trend, these years should have been included. But this period was characterized by political unrest. This period witnessed many changes.
9th five year plan:
Year : 1997 to 2002.
10th five year plan:
Year: 2002 to 2007.
11th five year plan:
Year: 2007 to 2012.