First Five Year Plan (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 Communications and transport Industry Land rehabilitation Social services Target of GDP growth 2.1 per year Achieved had been 3.6% per year

ACHIEVEMENTS GDP 3.6% per year Evolution of good irrigation system improvement in roads civil aviation railways Telegraphs posts manufacture of fertilizers electrical equipment

Disadvantages:development of only a few industries and private industry had not developed Second Five Year Plan (1956-1961) OBJECTIVES ACHIEVEMENTS To increase by 25% the national 5 steel plants income a hydro-electric power project To make the country more production of coal increased industrialized more railway lines To increase employment Land reform measures opportunities so that every citizen improved the living standards of the people gets a job The large enterprises in seventeen industries were Development of nationalized Mining and industry Community and agriculture development Power and irrigation Social services Communications and transport Miscellaneous 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 Third Five Year Plan(1961-1966) Objectives ACHIEVEMENTS More stress to agriculture subsidies Decentralization Sufficient help Organizations formed Effective use of country's resources Panchayat To increase the national income by 5% per year Zila Parishads To increase the production of agriculture so that the Laid emphasis on nation is self sufficient in food grains oil conservation To provide employment opportunities for every citizen of irrigation the country Afforestation To establish equality among all the people of the country dry farming Many fertilizer and cement plants were built Green Revolution PMs Jawaharlal Nehru Gulzarilal Nanda Lal Bahadur Shastri Problems faced: Sino Indian War, India witnessed increase in price of products. The resulting inflation

4th Five Year Plan(1969 to 1974) OBJECTIVES to reform and restructure govts expenditure agenda( defense became one major expense) To facilitated growth in exports to alter the socio economic structure of the society

ACHIEVEMENTS Great advancement has been made with regard to India's national income considered as one of the emerging powers served as a stepping stone for the economic growth Food grains production increased

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 Fifth Five Year Plan (1974 to1979) OBJECTIVES PROBLEMS To reduce social, regional, The international economy and economic disparities was in a trouble To enhance agricultural Food, oil, and fertilizers productivity where prices sky-rocketed To check rural and urban Several inflationary unemployment pressures To encourage ACHIEVEMENTS self-employment Food grain production was Production support policies above 118 million tons due to in the cottage industry the improvement of sector infrastructural facilities To develop labor intensive Bombay High had shot up the technological improvements 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.Prices in the energy and food sector skyrocketed and as a consequence inflation became inevitable Sixth Five Year Plan(1980 to1985) OBJECTIVES ACHIEVEMENTS To improve productivity level Speedy industrial development To initiate modernization for achieving economic and Emphasis on the information technology sector technological self-reliance self sufficiency in food To control poverty and unemployment science and technology also made a significant advance To develop indigenous energy sources and efficient several successful programs on improvement of public energy usage health To promote improved quality of life of the citizens government in the Indian healthcare sector To introduce Minimum Needs Program for the poor Government investments in the Indian healthcare sector To initiate Family Planning 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. Seventh Five Year Plan(1985 to 1989) OBJECTIVES ACHIEVEMENTS Anti-poverty program Social Justice Improved facilities for education to girls Removal of oppression of The government undertook to increase productivity of the week Oilseeds,Fruits,Vegetables Pulses,cereals,Fish Using modern technology Egg,Meat,milk. Agricultural development Communications Anti-poverty programs Emergence of informatics, and hooking up of Full supply of food, clothing, and shelter telecommunications with computers Increasing productivity of small and large scale farmers Transport Making India an Independent Economy inland waterways, product pipelines, civil aviation, coastal shipping 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

Eighth Five Year Plan(1992 to1997) OBJECTIVES Prioritize the specific sectors which requires immediate investment To generate full scale employment Promote social welfare measures like improved healthcare, sanitation, communication and provision for extensive education facilities at all levels To check the increasing population growth by creating mass awareness programs To encourage growth and diversification of agriculture To strengthen the infrastructural facilities To place greater emphasis on role of private initiative in the development of the industrial sector Ninth Five Year Plan(1997 to 2002) OBJECTIVES to prioritize rural development to generate adequate employment opportunities to stabilize the prices to ensure food and nutritional security to provide for the basic infrastructural facilities like education for all, safe drinking water, primary health care, transport, energy to check the growing population increase to encourage social issues like women empowerment to create a liberal market for increase in private investments Tenth Five Year Plan(2002-2007) OBJECTIVES To transform the country into the fastest growing economy of the world targets an annual economic growth of 10% Human and social development The social net Industry and services: Industry,Minerals,Energy,Information technology,Tourism,Real estate,Construction,Internal trade Forests and environment Science and technology Special area programs schooling to be compulsory for children Eleventh five year plan(2007-2012) OBJECTIVES Income & Poverty Education Health Women and Children Infrastructure Environment ACHIEVEMENTS A combined effort of public, private, and all levels of government ensured the growth of India's economy. Service sector showed fast growth rate ACHIEVEMENTS Rise in the employment level Poverty reduction Self-reliance on domestic resources Self-sufficiency in agricultural production GDP Growth Per Annum 5.6