Who Is The Father Of Second Five-year Plan?

by | Last updated on January 24, 2024

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Prasanta Chandra Mahalanobis : Father of Indian statistics, founder of ISI. PC Mahalanobis was also instrumental in formulating India’s second five-year-plan (1956-1961), which laid the blueprint for industrialisation and development in India.

Who is called the father of Indian planning?

Father of Indian Economic Planning is Sir M. Vishweshwaraiah . Sir M Visvesvaraya, popularly known as Sir MV, was an engineer, statesman, and a scholar.

Who is known as the father of Indian five year planning?

The first Indian prime minister, Jawaharlal Nehru , presented the First Five-Year Plan to the Parliament of India and needed urgent attention.

Who is responsible for planning the five-year plan in India?

The country’s first five-year plan was launched in 1951. The commission is chaired by India’s prime minister and includes a deputy chairman and several full-time members. Each of the numerous divisions of the commission, corresponding to sectors of the national economy and society, is headed by a senior officer.

Which period is known as plan holiday?

Due to miserable failure of the Third Plan the government was forced to declare “plan holidays” (from 1966–67, 1967–68, and 1968–69) . Three annual plans were drawn during this intervening period.The main reasons for plan holidays were the war, lack of resources and increase in inflation.

Who is the father of rolling plan?

The rolling plan was introduced by the Janata party which formed a government led by Moraarji Desai .

What was the first Five Year Plan?

The first five year plan was created in order to initiate rapid and large-scale industrialization across the Union of Soviet Socialist Republics (USSR) . Having begun on October 1st, 1928, the plan was already in its second year when Harry Byers first set foot in the Soviet Union.

What projects started the two five year plan?

Steel mills at Bhilai, Durgapur, and Rourkela were established in second five year plan. Enhanced coal production and more railway lines were introduced in this plan. Atomic Energy Commission was formed in 1957 with Homi J. Bhabha as the first chairman.

Which plan is called rolling plan?

Rolling Plan was the sixth five year plan introduced by the Janata Government for the time period 1978-83 , after removing the fifth five year plan in 1977-78. You can read about the National Institution for Transforming India (NITI Aayog) – A Brief Overview in the given link.

What is 5 Year Plan Class 9?

Ninth Plan (1997–2002) The Ninth Five-Year Plan came after 50 years of Indian Independence . Atal Bihari Vajpayee was the prime minister of India during the Ninth Plan. The Ninth Plan tried primarily to use the latent and unexplored economic potential of the country to promote economic and social growth.

Which is the first in planning?

Establishing the objectives is the first step in planning. Plans are prepared with a view to achieve certain goals. Hence, establishing the objectives is an important step in the process of planning. Plans should reflect the enterprise’s objectives.

Who is program gave the slogan of garibi hatao?

Garibi Hatao (“Remove poverty”) was the theme and slogan of Indira Gandhi’s 1971 election campaign.

What are the different kinds of plan?

While there are many different types, the four major types of plans include strategic, tactical, operational, and contingency . Here is a break down of what each type of planning entails. Operational planning can be ongoing or single-use.

Which was the last Five Year Plan in India?

12th Five Year Plan of the Government of India (2012–17) was India’s last Five Year Plan.

What is an annual plan?

An annual plan is an operational plan that indicates specific goals and objectives for a particular program or programs within a specific timeframe (usually one year). It often includes a detailed plan outlining which activities will be accomplished, by when and by whom.

Who suggested the rolling plan?

Notes: The Rolling Plan for backward countries was suggested by Gunnar Myrdal . The rolling plan consists of three different steps, First, a plan for the current year which includes the annual budget.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.