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Showing posts with the label Five Year Plans of India

Five Year Plans India pdf

Five Year Plans of  India- History of Planning in India & Origin of Five Year Plans: Though the planned economic development in India began in 1951 with the inception of First Five Year Plan, theoretical efforts had begun much earlier, even prior to the independence.  These efforts are as under- Setting up of National Planning Committee by Indian National Congress in 1938 ,  The Bombay Plan & Gandhian Plan in 1944 ,   Peoples Plan in 1945 (by post war reconstruction Committee of Indian Trade Union),  Sarvodaya Plan in 1950 by Jaiprakash Narayan were steps in this direction. Five-Year Plans (FYPs) are centralized and integrated national economic programs. Joseph Stalin implemented the first FYP in the Soviet Union in the late 1920 s. Most communist states and several capitalist countries subsequently have adopted them. China and India both continue to use FYPs, although China renamed its Eleventh FYP, from 2006 to 2010, a guidel