Economics (Planning In India Part - II)
This Topic Covers the Following Topics.
- Overview of Five-Year Plans in India:
- Introduction to Five-Year Plans and their objectives (growth, modernization, self-reliance, social justice).
- 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.
- Seventh Five-Year Plan (1985-1990):
- 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.
- Twenty-Point Programme (TPP-1986 and TPP-2006):
- 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.
- Way to Decentralized Planning:
- Challenges of central versus decentralized planning.
- Importance of empowering Panchayati Raj Institutions (PRIs) and local bodies.
- 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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