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m The period from 1947 to mid 1950¶s ± Preparatory

Phase in Planning for development


m From 1950¶s to 1960¶s ± Rapid Industrialization
m Late 1960¶s & 1970¶s ± Plans focused on
Agriculture
m Phase of Liberalization starting tentatively in the
1980¶s & gearing up from 1991 to the present
m ret up in 1950 with Jawaharlal Nehru as its
chairman
m Commission Comprises of 8 members:
1. Prime Minister (Chairman)
2. Four Full time Members (including Deputy
Chairman)
3. Minister of Planning
4. Minister of Finance
5. Minister of Defence
m Making real assessment of various resources
m Formulating Plans
m Defining rtages of Plan Implementation &
determining plan priorities
m Identifying factors retarding economic growth
m Making periodic policy measures to achieve
objectives & targets of plan
m Making additional recommendations as & when
necessary.
m ãighest forum for economic planning, since Aug 6,
1952
m Representatives of both Central & rtate Govt.
m Members:
1. PM of India
2. CMs of all rtates
3. Member of Planning Commission
m Attainment of ãigher rate of economic growth
m Reduction of economic inequalities
m Achieving full employment
m Attaining economic self reliance
m Modernization of various sectors
m Redressing imbalances in the economy
m Central Planning Authority
m Reliable rtatistical Data
m rpecific Objectives
m Fixation of Targets & Priorities
m rtrong & rtable Govt.
m Fair & efficient administration
m Flexibility in planning
m Public Cooperation
m To review National Plan Periodically
m To consider important questions related to social
and economic policy affecting National
development
m To recommend various means of achieving aims &
targets set out in the National plan
m NDC approves the draft plan prepared by the
Planning Commission
m To correct the disequilibrium in the economy
caused by recond World war and the partition
m To initiate the process of an all round balanced
development for ensuring a rising national income
and improvement in the standard of living.
 Was more ambitious & bolder
 Laid down the foundation for Industrial Progress
1. rizeable increase in National Income to raise the
level of living
2. Rapid Industrialization (basic and heavy industry)
3. Large expansion of employment opportunities
4. Reduction of inequalities in Income & wealth
 Accorded greatest importance to the achievement
of balanced regional development
1. To secure an increase in National Income of over
5% P.A.
2. To achieve self-sufficiency in food grains &
increase in agricultural production
3. To expand basic industries
4. To utilize manpower resources to the fullest
extent
 Two main objectives:
1. Growth with stability
2. Progressive achievement of self reliance
Other Objectives
1. Attaining rocial justice & equality along with care
of the weak & under privileged & common man.
2. Generating more employment opportunities(rural
& urban).
3. Assigning an increasing role to the public sector
4. Correcting regional imbalances.
 Originally scheduled to be from 1974-75 to 1978-79.
 ut with the formation of the Janata Govt. at the
centre in March 1977, the 5th plan was terminated at
the end of March 1978 a year before full term
 5th plan:
1. Achievement of poverty
2. Achievement of economic self reliance
3. First time minimum need programme was launched
 The Janata Govt. prepared its own draft of 6th Plan
(1978-83). ãowever after the fall of Janta-Lok Dal
Govt., the congress government drew up a new 6th
Plan(1980-85).
1. rtrengthening the impulses of modernization
2. Progressive reduction in the incidence of poverty &
unemployment
3. rpeedy development of indigenous sources of
energy.
4. Progressive reduction in regional inequalities
5. Promoting policies for controlling the growth of
population through voluntary acceptance of the small
family norms
1. Achievement of self-sufficiency in the production
of food grains & increase in agro raw materials
like oil seeds, cotton etc.
2. Generation of productive employment for
maximum utilization of human resources
3. To promote equity and social justice
4. To promote a speedy development of power
generation & irrigation potential
 Planning Commission approved the approach to 8th 5 year
plan(1990-95) on september 1, 1989, under the
chairmanship of Mr. Rajiv Gandhi (6% GDP target)
 ut after the General election, the National Front headed
by V.P ringh came to power
 NDC then approved new 8th Plan (GDP growth 5.5%)
 Following the collapse of National Front Government new
Govt. headed by Chandrashekar was set.
 efore a final decision about eight five year plancould be
taken Chandra rhekar Government collapsed, making way
for another general election in the month of May-June1991.
m After the formation of a new Congress (I)
government at the centre, ãeaded by
P.V.Narasimha Rao, on June 21, 1991, fresh
discussions were held
m On July 19, PM Narasimha Rao announced in
Parliament that the 8th Plan would start from April
1, 1992, taking the earlier two plans as Annual
Plans.
 Generation of adequate employment opportunities
to achieve near-full employment
 Controlling population growth through people¶s
cooperation
 niversalisation of elementary education and
eradication of illiteracy among the people in the
age group of 15-33 years
 Provision of safe drinking water and primary
health care
 rtrengthening of infrastructure
 Accelerating the rate of economic growth with rtable
prices
 Giving priority to agriculture and rural development
with a view to generate adequate productive
employment and eradicating poverty.
 Attaining food and nutritional security for all
 Providing basic minimum needs of safe drinking water
 Controlling population growth
 mpowerment of women and all society
disadvantaged group
 Promoting people¶s participatory institutions like
Panchayati Raj Institutions, Cooperatives and relf
ãelp Groups
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