Académique Documents
Professionnel Documents
Culture Documents
(1951-55)
Total budget: 206.8 billion (INR) or USD$23.6 billion.
Objectives
the standard of living
Community and agriculture
development
Energy and irrigation
ACHIEVEMENTS
GDP 3.6% per year
Evolution of good irrigation system
improvement in
roads
Industry
civil aviation
Land rehabilitation
Social services
Target of GDP growth 2.1 per year
railways
Telegraphs
posts
manufacture of fertilizers
electrical equipment
Disadvantages
development of only a few industries
private industry had not developed
Acheivement
5 steel plants
Development of
Disadvantages
eliminate the importation of consumer goods
high tariffs
Low quotas or banning some items altogether
License were required for starting new companies
This is when India got its License Raj, the bureaucratic control over the
economy
When a business was losing money the Government would prevent
them from shutting down
Objective
More stress to agriculture
subsidies
Sufficient help
Acheivement
Decentralization
Organizations formed
Panchayat
Zila Parishads
Laid emphasis on
oil conservation
irrigation
Afforestation
dry farming
To provide employment
opportunities for every citizen of the Many fertilizer and cement plants were
built
country
To establish equality among all the Green Revolution
people of the country
i
Problems faced
Sino Indian War, India witnessed increase in price of products. The
resulting inflation
Objective
to reform and restructure govts
expenditure agenda( defense became
one major expense)
To facilitated growth in exports
Acheivement
Great advancement has been made
with regard to India's national income
Problems
a gap was created between the people of the rural areas and those of
the urban areas.
Due to recession, famine and drought, India did not pay much heed to
long term goals
PROBLEMS
To enhance agricultural
productivity
To encourage self-employment
Production support policies in
the cottage industry sector
To develop labor intensive
technological improvements
ACHIEVEMENTS
Food grain production was above
118 million tons due to the
improvement of infrastructural
facilities
Bombay High had shot up the
commercial production of oil in India
Problems faced
The world economy was in a troublesome state
This had a negative impact on the Indian economy
OBJECTIVES
To improve productivity level
To initiate modernization for
achieving economic and technological
self-reliance
ACHIEVEMENTS
Speedy industrial development
Emphasis on the information
technology sector
Problems faced
During this time the Prime Minister was Rajiv Gandhi and
hence industrial development was the emphasis of this plan
some opposed it specially the communist groups, this
slowed down the pace of progress.
ACHIEVEMENTS
OBJECTIVES
Anti-poverty program
Improved facilities for education to
girls
The government undertook to increase
productivity of
Oilseeds,Fruits,Vegetables
Pulses,cereals,Fish
Egg,Meat,milk.
Communications
Emergence of informatics, and
hooking up of telecommunications
with computers
Transport
inland waterways, product
pipelines, civil aviation, coastal
shipping
Social Justice
Removal of oppression of the week
Using modern technology
Agricultural development
Anti-poverty programs
Full supply of food, clothing, and
shelter
Increasing productivity of small and
large scale farmers
Making India an Independent
Economy
Problems
1989-91 was a period of political instability in India and hence no five
year plan was implemented
In 1991, India faced a crisis in FOREIGN exchange(Forex) reserves
ACHIEVEMENTS
Prioritize the specific sectors which requires Rise in the employment level
immediate investment
To generate full scale employment
Poverty reduction
OBJECTIVES
ACHEIVEMENT
Health
Women and Children
Infrastructure
Environment