Five year plan |
A government plan for economic development over five years. The first such plan in the Soviet Union was inaugurated in 1928. |
Administration |
Developed, executed, and monitored by the Planning Commission. Prime Minister is the Ex-officio Chairman of Planning commission. |
List of plans till twelfth plan. |
|
First Plan |
1951-1956
|
Current plan |
12th Five year plan(2012-2017) Objective: "Faster, More Inclusive and Sustainable Growth". |
Rolling Plan (1978-1980) |
The Janata Party government rejected the Fifth Five-Year Plan and introduced a new Sixth Five-Year Plan (1978-1980) as Rolling plan. The Rolling Plan consists of three kind of plans that were proposed.
Hence there is no fixation of dates for the commencement and termination of the plan in the rolling plans. This plan was again rejected by the Indian National Congress government in 1980 and a new Sixth Plan was made. |
Annual Plans (1990-1992) |
The Eighth Plan could not take off in 1990 due to the fast changing political situation at the centre and the years 1990-91 and 1991-92 were treated as Annual Plans. The Eighth Plan was finally launched in 1992 after the initiation of structural adjustment policies. |
Five year plans
Current Affairs
powered by Surfing Waves