Five Year Plans
Take a look at the following summarised table consolidating all the five year plans: Plan Period Target Growth Actual Growth Main Points 1 1951-1956 2.1% 3.6% Based on Harrod Domar Model; focused on Agriculture, land reforms, price stability, power and transport 2 1956-1961 4.5% 4.3% Mahalanobis model; focused on rapid industrialisation: heavy and basic industries;…
