Five Year Plans – Short Cuts

INDIAN ECONOMY (SHORT CUTS )

FIVE YEAR PLANS 🙁 Important facts from First to Eleventh five year plan)

1) FIRST FIVE YEAR PLAN (1951 -56)

SHORTCUT: SIPCOT
S – SOCIAL SERVICE
I – INDUSTRY
P – POWER
Co – Communication
T – Transport

2) Second five year plan (1956 -61)

SHORTCUT: 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

3) Third five year plan (1961-66)

SHORTCUT : SAD

S – Self Reliance
A – Agriculture
D – Development of Industry

5) Fifth five year plan (1974-79)

SHORTCUT : PSTM (Persons Studied in Tamil Medium)

P – Poverty Eradication
S – Self reliance
T – Twenty Point Programme
M – Minimum Need Programme

6) Sixth five year Plan (1980-85)

SHORTCUT : MAIL

M – Management
A – Agriculture production
I – Industry production
L – Local Development Schemes

7) Seventh Five year plan (1985-90)

SHORTCUT : EFGH (the alphabets)

E – Employment generation
F – Foodgrain production was doubled
G – Jawahar Rozgar Yojana (1989)
H – Hindu rate of Growth

8) Eighth Five year plan (1992-97)

SHORTCUT : LPG

L – Liberalisation
P – Privatisation
G – Globalisation

9) Ninth five year plan (1997-2002)

SHORTCUT : ESPN

E – Employment for Women, SC’s and ST’s
S – Seven Basic minimum service
P – Panchayat Raj Institutions, Primary Education, Public Distribution System
N – Nutrition Security

11) Eleventh five year plan (2007 -2012)

SHORTCUT : TEACHERS

T – Telecommunicatons (2G)
E – Electricity, Environment Science
A – Anemia
C – Clean water
H – Health education
E – Environment Science
R – Rapid growth
S – Skill Development