what is five year plan
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First five year plan was started on 1st April 1951 and finished on 31st March 1956.
- 12th five year plan was started on 1st April 2012 and finished on 31st march 2017.
- 12 five years plans have been formed in India so far.
- Due to some issues like Indo-Pak War, drought, inflation etc. the formation of five years plan was disturbed after 3rd five year plan.
- Three annual plans were made from 1966 to 1969. This period was called “PLAN HOLIDAY”.
Different governments were formed and changed the running five year plan for their own interest.
- “Rapid, inclusive growth and sustainable development was the basis of 12th five year plan.”
1. Achieve 8% Economic growth
2. Poverty eradication
3. Reduction in unemployment
4. Expansion of health and education services
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