m The period from 1947 to mid 1950¶s ± Preparatory
Phase in Planning for development
m From 1950¶s to 1960¶s ± Rapid Industrialization m Late 1960¶s & 1970¶s ± Plans focused on Agriculture m Phase of Liberalization starting tentatively in the 1980¶s & gearing up from 1991 to the present m ret up in 1950 with Jawaharlal Nehru as its chairman m Commission Comprises of 8 members: 1. Prime Minister (Chairman) 2. Four Full time Members (including Deputy Chairman) 3. Minister of Planning 4. Minister of Finance 5. Minister of Defence m Making real assessment of various resources m Formulating Plans m Defining rtages of Plan Implementation & determining plan priorities m Identifying factors retarding economic growth m Making periodic policy measures to achieve objectives & targets of plan m Making additional recommendations as & when necessary. m ãighest forum for economic planning, since Aug 6, 1952 m Representatives of both Central & rtate Govt. m Members: 1. PM of India 2. CMs of all rtates 3. Member of Planning Commission m Attainment of ãigher rate of economic growth m Reduction of economic inequalities m Achieving full employment m Attaining economic self reliance m Modernization of various sectors m Redressing imbalances in the economy m Central Planning Authority m Reliable rtatistical Data m rpecific Objectives m Fixation of Targets & Priorities m rtrong & rtable Govt. m Fair & efficient administration m Flexibility in planning m Public Cooperation m To review National Plan Periodically m To consider important questions related to social and economic policy affecting National development m To recommend various means of achieving aims & targets set out in the National plan m NDC approves the draft plan prepared by the Planning Commission m To correct the disequilibrium in the economy caused by recond World war and the partition m To initiate the process of an all round balanced development for ensuring a rising national income and improvement in the standard of living. Was more ambitious & bolder Laid down the foundation for Industrial Progress 1. rizeable increase in National Income to raise the level of living 2. Rapid Industrialization (basic and heavy industry) 3. Large expansion of employment opportunities 4. Reduction of inequalities in Income & wealth Accorded greatest importance to the achievement of balanced regional development 1. To secure an increase in National Income of over 5% P.A. 2. To achieve self-sufficiency in food grains & increase in agricultural production 3. To expand basic industries 4. To utilize manpower resources to the fullest extent Two main objectives: 1. Growth with stability 2. Progressive achievement of self reliance Other Objectives 1. Attaining rocial justice & equality along with care of the weak & under privileged & common man. 2. Generating more employment opportunities(rural & urban). 3. Assigning an increasing role to the public sector 4. Correcting regional imbalances. Originally scheduled to be from 1974-75 to 1978-79. ut with the formation of the Janata Govt. at the centre in March 1977, the 5th plan was terminated at the end of March 1978 a year before full term 5th plan: 1. Achievement of poverty 2. Achievement of economic self reliance 3. First time minimum need programme was launched The Janata Govt. prepared its own draft of 6th Plan (1978-83). ãowever after the fall of Janta-Lok Dal Govt., the congress government drew up a new 6th Plan(1980-85). 1. rtrengthening the impulses of modernization 2. Progressive reduction in the incidence of poverty & unemployment 3. rpeedy development of indigenous sources of energy. 4. Progressive reduction in regional inequalities 5. Promoting policies for controlling the growth of population through voluntary acceptance of the small family norms 1. Achievement of self-sufficiency in the production of food grains & increase in agro raw materials like oil seeds, cotton etc. 2. Generation of productive employment for maximum utilization of human resources 3. To promote equity and social justice 4. To promote a speedy development of power generation & irrigation potential Planning Commission approved the approach to 8th 5 year plan(1990-95) on september 1, 1989, under the chairmanship of Mr. Rajiv Gandhi (6% GDP target) ut after the General election, the National Front headed by V.P ringh came to power NDC then approved new 8th Plan (GDP growth 5.5%) Following the collapse of National Front Government new Govt. headed by Chandrashekar was set. efore a final decision about eight five year plancould be taken Chandra rhekar Government collapsed, making way for another general election in the month of May-June1991. m After the formation of a new Congress (I) government at the centre, ãeaded by P.V.Narasimha Rao, on June 21, 1991, fresh discussions were held m On July 19, PM Narasimha Rao announced in Parliament that the 8th Plan would start from April 1, 1992, taking the earlier two plans as Annual Plans. Generation of adequate employment opportunities to achieve near-full employment Controlling population growth through people¶s cooperation niversalisation of elementary education and eradication of illiteracy among the people in the age group of 15-33 years Provision of safe drinking water and primary health care rtrengthening of infrastructure Accelerating the rate of economic growth with rtable prices Giving priority to agriculture and rural development with a view to generate adequate productive employment and eradicating poverty. Attaining food and nutritional security for all Providing basic minimum needs of safe drinking water Controlling population growth mpowerment of women and all society disadvantaged group Promoting people¶s participatory institutions like Panchayati Raj Institutions, Cooperatives and relf ãelp Groups