| Plan |
Emphasis of Plan |
Targeted Growth Rate |
Achieved Growth Rate |
| First Plan (1951-1956) Harrod-Domar Model |
One-third of Total expenditure kept aside for agricultural development |
21.% |
3.6%
|
Second Plan
(1956-1961)
PC Mahalanobis Model |
Its main objective was rapid industrialisation. Three big industries were established at Bhillai (USSR) ,Durgapur (UK) & Rourkela (Germany) |
4.5% |
4.2% |
Third Plan
(1961-1966) |
Self-reliant & generating economy was the goal and Indian economy enters the take-off stage , Also continued emphasis on heavy and basic industries |
5.6% |
2.5% |
Plan Holiday
(1966-1969) |
Three annual plans were formulated on account of Indo-Pak conflict , two successive years of drought, devolution of currency by 36% and general rise in prices |
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-------- |
Fourth plan
(1969-1974) |
Growth with stability and progressive achievement of self-reliance, “Garibi Hatao” were |
5.7% |
3.2% |
Fifth plan
(1974-1978) |
Removal of poverty and attainment of self-reliance |
4.4% |
5.0% |
Rolling plan
(1979-1980) |
It was brought out by “Janta party Government” under “Morarji Desai” in 1978 to raise the income of lowest income classes through agriculture employment |
-------- |
-------- |
Sixth Plan
(1980-1985) |
Removal of poverty through strengthening of infrastructure for
both agriculture and industry, involved people’s participation at
local level |
5.2% |
5.5% |
Seventh Plan
(1985-1990) |
Food , work and productivity were the main objectives of this plan |
5% |
5.5% |
| Annual Plans |
It could not take off due to fast changing in political situations at the Center , Therefore from 1990 992, Annual plans were formulated |
-------- |
------- |
Eighth Plan
(1992-1997) |
To provide a new dynamism to the economy and improve life quality of the common man |
5.6% |
6.5% |
Ninth Plan
(1997-2002) |
Growth with social justice and equality |
6.5% |
5.5% |
Tenth Plan
(2002-2007) |
The plan set certain equity-related social and monitorable targets with the aim to achieve overall well-being of individuals |
8.3% |
7.6% |
Eleventh Plan
(2007-2012) |
Towards faster and more inclusive growth, increase the growth rate in agriculture, industry and services to 4.1% , 10% and 9% , respectively |
8.1% |
7.9% |
Twelfth Plan
(2012-2017) |
Towards faster growth in Medical, Agricultural, Industry and services . |
8% |
Waiting |
