Question

Discuss the resource allocation under the first two five year plans in india

Answer 1

India has launched 12 five year plans so far. First five year plan was launched in 1951. Now the present NDA government has stopped the formation of five year plans. So 12th five year plan would be called the last five year plan of India.

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Answer 2

The planning commission was set up by the Government in India in 1950.In 1951,Jawaharlal  Nehru ,the Prime Minister of India , presented the First Five Year Plane .This focused on the development of industry , land rehabilitation , irrigation and energy . At present in the year(2015-2016) India is following the 12th Five Year Plane.