Question

list a few institutional reforms suggested to be implemented in the 5 years plans what was the main focus of an first 5 year plan

Answer 1

Answer:

The First Five-year Plan was launched in 1951 which mainly focused in development of the primary sector. The First Five-Year Plan was based on the Harrod–Domar model with few modifications.

The agriculture growth target in the first plan was achieved, so government quickly started looking beyond agriculture. The second five-year plan focused on industry, especially heavy industry. The target of 25% Increase in the national income was set through rapid industrialization

✓✓Eighth Five Year Plan 1992-1997

•Creation of employment, check population growth, and overall human development.

•Primary health facilities, Drinking Water & Vaccination in all villages.

•Growth and diversification of agricultural activities.

•Strengthen the basic Infrastructures

•By 1992, India was a party to WTO and decision of opening of Indian Economy was taken to correct the increasing deficit and foreign Debt.