Question
Download Solution PDFThe plan between fifth five year plan and sixth five year plan is known as ______.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Roiling.Key Points
- Rolling Plan in India was started in 1978.
- The rolling plan concept was coined by Gunnar Myrdal.
- This plan was rejected again by the Indian National Congress government when it came to power in 1980 and a new sixth plan was made.
- The main advantage of the rolling plans is that they are flexible.
- The Rolling Plan is a plan in which every year the performance of the plan is assessed and a new plan is made next year based on this assessment.
- Thus, both the allocation and targets are revised during this plan.
Important PointsAll five-year plans in detail-
| Five-Year Plan | Duration | Focus Areas | Key Initiatives |
|---|---|---|---|
| First | 1951-1956 | Agriculture, Industry, and Community Development | Development of agriculture, irrigation, and power sectors. |
| Second | 1956-1961 | Industrialization and Economic Growth | Expansion of heavy industries, infrastructure development. |
| Third | 1961-1966 | Self-reliance and Economic Stability | Strengthening agriculture, focus on defense and atomic energy. |
| Fourth | 1969-1974 | Poverty Alleviation and Growth with Stability | Promotion of agriculture, employment generation programs. |
| Fifth | 1974-1978 | Poverty Eradication and Self-reliance | Promotion of high rate of growth, better distribution of income and significant growth in the domestic rate of savings were seen as key instruments. |
| Sixth | 1980-1985 | Strengthening Infrastructure and Industries | Expansion of industries, energy development, technology upgradation. |
| Seventh | 1985-1990 | Balanced Regional Development and Poverty Alleviation | Development of backward areas, improving rural infrastructure. |
| Eighth | 1992-1997 | Economic Reforms and Modernization | Liberalization, globalization, focus on private sector development. |
| Ninth | 1997-2002 | Inclusive Growth and Social Development | Education, health, agriculture, rural development programs. |
| Tenth | 2002-2007 | Accelerated Growth and Employment Generation | Infrastructure development, skill development, poverty reduction. |
| Eleventh | 2007-2012 | Inclusive Growth and Sustainable Development | Infrastructure development, inclusive social policies. |
| Twelfth | 2012-2017 | Faster, Sustainable, and More Inclusive Growth | Infrastructure, education, healthcare, skill development. |
Last updated on Jul 8, 2025
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