| 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 | ------- | -------- |
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 |
