After Independence, the Indian government adopted planning. The central government established Planning Commission to draw to draw , develop and implement the planning in India. Indian economy followed the concept of planning till 2017, after that Planning Commission was replaced by NITI Aayog. Note: Soviet Union was the first country which started using five-year plans for the development of the country in the late 1920s. Joseph Stalin implemented the first FYP in the Soviet Union. With the given tricks you will be able to know what were objectives of that five-year plan were and on which model it was based. |
Tricks to Remember the Five Years Plan
First Five-Year Plan (1951-56) : SIPCOT
S- Social Services
I- Industry
P -power
Co- Communication
T-Transport
Second Five-Year Plan (1956-61): MADRAS
M- Mahalanobis Model
A- Atomic Energy Commission
D- Durgapur steel company, Tata Inst Of Fundamental Research
R- Rourkela steel Company, Rapid Industrialisation
A-Agriculture
S- Socialistic Pattern of Society
Third Five-Year Plan (1961-66): SAD
S-Self Reliance
A-Agriculture
D-Development Of Industry
Fifth Five-Year Plan (1974-79): PSTM
P-Poverty Eradication
S-Self Reliance
T-twenty Point Programme
M- Minimum Need for the program
Sixth Five-Year Plan (1980-85): MAIL
M-Management
A-Agriculture Production
I- Industry production
L- Local Development Schemes
Seventh Five-Year Plan (1985-90): EFGH
E – Employment generation
F – Foodgrain production was doubled
G – Jawahar Rozgar Yojana (1989)
H – Hindu rate of Growth
Eighth Five-Year Plan (1992-97): LPG
L – Liberalisation
P – Privatisation
G – Globalisation
Ninth Five-Year Plan (1997-2002): ESPN
E – Employment for Women, SCs and STs
S – Seven Basic minimum service
P – Panchayat Raj Institutions, Primary Education, Public Distribution System
N – Nutrition Security
Eleventh Five-Year Plan (2007 -2012): TEACHERS
T – Telecommunications (2G)
E – Electricity, Environment Science
A – Anemia
C – Clean water
H – Health Education
E – Environment Science
R – Rapid growth
S – Skill Development