what is the importance of five year plans
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the above mentioned are the important points relating to planning
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In 1956 the second five year plan . this focused strongly on the development of heavy industries such as Steel on the building of large dams these sectors would be under the control of the state. this focus on heavy industry and the efforts at State regulation of the economy was to guide economic policy for the next few decades. this approach had many strong supporters but also some vocal critics .
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