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ᴘʟᴇᴀꜱᴇ ʜᴇʟᴘ ᴍᴇ ɪɴ ᴛʜɪꜱ Qᴜᴇꜱᴛɪᴏɴ.
Qᴜᴇꜱᴛɪᴏɴ - ᴍᴇɴᴛɪᴏɴ ᴛʜᴇ 'ꜰɪᴠᴇ ʏᴇᴀʀ ᴘʟᴀɴ '
ᴡʜɪᴄʜ ɪꜱ ᴏᴘᴇʀᴀᴛɪᴠᴇ ɪɴ ɪɴᴅɪᴀ ᴀᴛ ᴘʀᴇꜱᴇɴᴛ.
ᴄʟᴀꜱꜱ - 9
❌ꜱᴘᴀᴍ ɴᴏᴛ ᴀʟʟᴏᴡᴇᴅ❌
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From 1947 to 2017, the Indian economy was premised on the concept of planning. This was carried through the Five-Year Plans, developed, executed, and monitored by the Planning Commission (1951-2014) and the NITI Aayog (2015-2017). ... The Twelfth Plan completed its term in March 2017.
Explanation:
The Five-Year Plans were laid to rest by the Narendra Modi-led NDA government in 2015. Hence, the 12th five-year plan is considered the last five-year plan of India. The decades-old Five-Year Plans was replaced by a three-year action plan, which will be part of a seven-year strategy paper and a 15-year vision document. The Niti Aayog has replaced the Planning Commission in the Modi Cabinet and launched three-year action plans from April 1, 2017, onwards.1. First Five Year Plan:
I. It was launched for the duration of 1951 to 1956, under the leadership of Jawaharlal Nehru.
II. It was based on the Harrod-Domar model with a few modifications.
III. Its main focus was on the agricultural development of the country.
IV. This plan was successful and achieved a growth rate of 3.6% (more than its target of 2.1%).
V. At the end of this plan, five IITs were set up in the country.
2. Second Five Year Plan:
I. It was made for the duration of 1956 to 1961, under the leadership of Jawaharlal Nehru.
II. It was based on the P.C. Mahalanobis Model made in the year 1953
III. Its main focus was on the industrial development of the country.
IV. This plan lags behind its target growth rate of 4.5% and achieved a growth rate of 4.27%.
V. However, this plan was criticized by many experts and as a result, India faced a payment crisis in the year 1957.
3. Third Five Year Plan:
I. It was made for the duration of 1961 to 1966, under the leadership of Jawaharlal Nehru.
II. This plan is also called ‘Gadgil Yojna’, after the Deputy Chairman of Planning Commission D.R. Gadgil.
III. The main target of this plan was to make the economy independent. The stress was laid on agriculture and the improvement in the production of wheat.
IV. During the execution of this plan, India was engaged in two wars: (1) the Sino-India war of 1962 and (2) the Indo-Pakistani war of 1965. These wars exposed the weakness in our economy and shifted the focus to the defence industry, the Indian Army, and the stabilization of the price (India witnessed inflation).
V. The plan was a flop due to wars and drought. The target growth was 5.6% while the achieved growth was 2.4%.
Welfare Programmes by the Government of India
4. Plan Holidays:
I. Due to the failure of the previous plan, the government announced three annual plans called Plan Holidays from 1966 to 1969.
II. The main reason behind the plan holidays was the Indo-Pakistani war and the Sino-India war, leading to the failure of the third Five e government declared devaluation of the rupee.
5. Fourth Five Year Plan:
I. Its duration was from 1969 to 1974, under the leadership of Indira Gandhi.
II. There were two main objectives of this plan i.e. growth with stability and progressive achievement of self-reliance.
III. During this time, 14 major Indian banks
6. Fifth Five Year Plan:
I. Its duration was 1974 to 1978.
II. This plan focussed on Garibi Hatao, employment, justice, agricultural production and defence.
III. The Electricity Supply Act was amended in 1975, a Twenty-point program was launched in elected Moraji Desai government.
7. Rolling Plan:
I. After the termination of the fifth Five Year Plan, the Rolling Plan came into effect from 1978 to 1990.
II. In 1980, Congress rejected the Rolling Plan and a new sixth Five Year Plan
IV. The plan has several advantages as the targets could be mended and projects, allocations, etc.
8. Sixth Five Year Plan:
I. Its duration was from 1980 to 1985, under the leadership of Indira Gandhi.
II. The basic objective of this plan growth.
9. Seventh Five Year Plan:
I. Its duration was from 1985 to 1990, under the leadership of Rajiv Gandhi.
II. The objectives of this plan include the establishment of a self-sufficient economy, opportunities for productive employment, and up-gradation of technology.
III. The Plan aimed at accelerating food grain production, increasing employment opportunities & raising productivity with a focus on ‘food, work & productivity
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Answer:
Answer:
To find the median, first order the numbers from smallest to largest. Then find the middle number. For example, the middle for this set of numbers is 5, because 5 is right in the middle: 1, 2, 3, 5, 6, 7, 9.