Economics (Planning In India Part - II)

This Topic Covers the Following Topics.

  1. Overview of Five-Year Plans in India:
    • Introduction to Five-Year Plans and their objectives (growth, modernization, self-reliance, social justice).
  2. Detailed Analysis of Each Five-Year Plan:
    • Seventh Five-Year Plan (1985-1990):
      • Focus on rapid foodgrain production, employment creation, and productivity.
      • Introduction of Jawahar Rozgar Yojana (JRY) and reorientation of existing programs.
    • Eighth Five-Year Plan (1992-1997):
      • Delay in implementation due to political instability.
      • Introduction of liberalization, privatization, and macroeconomic stabilization policies.
      • Market-based reforms and emphasis on cooperative federalism.
    • Ninth Five-Year Plan (1997-2002):
      • Focus on high growth rate, social objectives, and Basic Minimum Services (BMS).
      • Emphasis on fiscal consolidation, revenue deficit reduction, and decentralization.
    • Tenth Five-Year Plan (2002-2007):
      • Introduction of monitorable targets for development indicators.
      • Governance as a development factor, involvement of Panchayati Raj Institutions (PRIs), and emphasis on agriculture as a prime moving force.
    • Eleventh Five-Year Plan (2007-2012):
      • Emphasis on “Inclusive Growth” and social sector improvements.
      • Challenges in achieving targets due to fiscal constraints, inflation, and infrastructure needs.
      • Mid-term appraisal covering performance in agriculture, power, urbanization, and tribal development.
    • Twelfth Five-Year Plan (2012-2017):
      • Theme of “Faster, Sustainable, and More Inclusive Growth.”
      • Targets for growth rate, agriculture, energy, health, and education.
      • Emphasis on energy management, land acquisition, water management, infrastructure, and governance.
  3. Special Programs and Schemes:
    • Twenty-Point Programme (TPP-1986 and TPP-2006):
      • Focus on poverty alleviation, rural employment, health, education, and environment.
      • Restructuring of the program to align with economic reforms and the National Common Minimum Programme (NCMP).
    • Member of Parliament Local Area Development Scheme (MPLADS):
      • Initiation, allocation changes, and revised guidelines for asset creation, disaster relief, and local development.
  4. Multi-Level Planning in India:
    • Evolution of multi-level planning: Central, State, District, Block, and Local Level.
    • Issues with implementation and the importance of decentralization and local participation.
    • 73rd and 74th Constitutional Amendments for democratic decentralization and participatory development.
  5. Way to Decentralized Planning:
    • Challenges of central versus decentralized planning.
    • Importance of empowering Panchayati Raj Institutions (PRIs) and local bodies.
  6. The Planning Commission and Finance Commission:
    • Role of the Planning Commission in the Five-Year Plans and developmental programs.
    • Overview of the Finance Commission’s role in revenue distribution between the Union and the States.
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