What five year plan is going on now? Five-Year Plans
What is the Tenth Five Year Plan?
The Tenth Five Year Plan of India (2002-2007) was
an economic development plan formulated by the then Prime Minister Atal Bihari Vajpayee
. The plan’s salient features were to promote inclusive growth and equitable development.
What is the 11th Five Year Plan of India?
Eleventh Five Year Plan is
the economic and development plan of India for the period 2007–2012
. The plan was launched by the then Prime Minister of India, Dr Manmohan Singh, on December 18, 2007. The 11th FYP focused on infrastructure development with an investment target of US$500 billion.
What is the aim of 12th five-year plan?
Twelfth Five Year Plan (2012-2017) was launched with the objective of
faster, sustainable and more inclusive growth
. It aimed to increase the GDP at a faster pace such that each strata of the society is a part of and contributed to the growth and hence foster an environment of inclusive growth which is sustainable.
Which five-year plan is China on?
Formally adopted on March 11, China’s
14th Five-Year Plan
marks a shift away from the quantitative growth-focus of Beijing’s previous plans. Instead, it aims to usher in a more inward-looking “new developmental stage” that targets “quality development.”
But
the Indo-Pakistan war, liberation of Bangladesh and problem of Bangladesh refugees , successive failures of monsoon, Asian Oil Crisis of 1973 marred the objectives of this plan
. The international economic turmoil due to Oil crisis upset the calculations for Fourth Plan. So only 3.4% growth could be achieved.
Ans. The prime minister of India during the Fifth Five Year Plan was
Morarji Desai
. Under his leadership, the plan was able to achieve its objectives.
Made in China 2025 (Chinese: 中国制造2025; pinyin: Zhōngguózhìzào èrlíng’èrwǔ) (MIC25, MIC 2025, or MIC2025) is a national strategic plan and industrial policy of the Chinese Communist Party (CCP) to further develop the manufacturing sector of the People’s Republic of China, issued by Premier Li Keqiang and his cabinet in …
Broadly outlined in late October 2020, the new plan aims at China becoming a “moderately developed” economy by 2035 with a per capita GDP of about US$30,000, nearly three times the 2020 level.
1,200 GW
of wind and solar capacity.
Twelfth Plan
(2012–2017) The Twelfth Five-Year Plan of the Government of India has been decided to achieve a growth rate of 9% but the National Development Council (NDC) on 27 December 2012 approved a growth rate of 8% for the Twelfth Plan.
Answer: Eleventh five year plan was launched on
19th December 2007
through the country’s highest policy making body in India national development council and it lasted till 2012. Under the influence of Manmohan Singh and his government, the eleventh five years plan was launched in India.
The Five-Year Plans were laid to rest by the Narendra Modi-led NDA government in 2015. Hence,
the 12th five-year plan is considered the last five-year plan of India
. The decades-old Five-Year Plans was replaced by a three-year action plan, which will be part of a seven-year strategy paper and a 15-year vision document.
Sir Mokshagundam Visvesvaraya
is known as the Father of Indian Economic Planning.
NITI Aayog was formed via a resolution of the Union Cabinet on
1 January 2015
.
The correct answer is the
Fourth Five Year Plan
. Fourth Five Year Plan: The Fourth Five-year plan was implemented from 1969 to 1974 in India.
3.11 The Seventh Plan aims at
extending the green revolution to new areas through its emphasis on raising the productivity of rice in the eastern region and in rainfed and dryland agriculture
. This should lead to faster growth in agricultural output in areas which, in the national context, are economically backward.
The only significant changes in the plan were that the area of private sector was extended and more liberal imports were allowed. The plan was terminated in 1978, its fourth year,
due to change in the Government at the Centre
.
Mahalanobis Plan was
India’s second five-year plan (1956-61)
proposed by Professor Prasanta Chandra Mahalanobis. This plan gave priority to investment goods, as they were crucial for the further economic growth of India. The plan explores the allocation of investment between the different sectors of the economy.
