five year plan Flashcards
Planning Commissions started on
15 March 1950
Planning Commission is a ____ body
advisory body
Planning Commission head
Prime Minister
Five Year Plans
idea → inspired by
Russia (then USSR)
how many Five Year Plans
12 Five Year Plans
Five Year Plans is replacedd by
NITI Aayog
First Five Year Plan
(1951-56)
First Five Year Plan (1951-56)
based on the
Harrod-Domar model
First Five Year Plan targeted in
agriculture, productions, irrigation, price stability, power, and transport
First Five Year Plan proved to be a successas
agriculture production increased dramatically
First Five Year Plan ____ growth rate
3.6% growth rate
Major dam projects of 5 year plan
Bhakra-Nangal, Hirakud and Mettur dam
First Five Year Plan
1956 → 5 IITs started
Second Five Year Plan
(1956-61
Second Five Year Plan (1956-61)
based on the
Mahalanobis model