What is the objective of current five year plan?

Objectives of Five Year Plan of India Economic Growth. Economic Equity and Social Justice. Full Employment. Economic Self-Reliance.

What are the current objectives of India?

Here we detail about the six major objectives of planning in India, i.e., (a) Economic Growth, (b) Attaining Economic Equality and Social Justice, (c) Achieving Full Employment, (d) Attaining Economic Self-Reliance, (e) Modernisation of Various Sectors, and (f) Redressing Imbalances in the Economy.

What are the objectives of 12th Five Year Plan in the field of education?

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.

What are the objectives of the 12th Five Year Plan in the field of education?

Which is the current Five Year Plan?

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.

What are the objectives of Five Year Plans in India how far these objectives have been fulfilled?

The plan laid stress on improving the productivity level of industries by upgrading of technology. The main objectives of the Seventh Five-Year Plan were to establish growth in areas of increasing economic productivity, production of food grains, and generating employment through “Social Justice”.

What is the major objective and first five-year plan?

The first year plan was Harrod – Domar model of development economics. FYP had a target of 2.1% PA growth in national income. Top priority was given to the development of agricultural sector. The idea was agricultural development would lead to higher rate of economic growth.

Which five-year plan is currently in operation?

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.

What are the objectives of India’s five year plans?

Full Employment: The removal of un­employment is considered to be another impor­tant objective of India’s five year plans. But, un­fortunately, it never received the priority it de­served. In the Sixth plan (1978-83) the than Janata Government gave employment a place of pride for the first time.

What are the benefits of the five year planning system?

While in short period gains we can include things like price stability, education promotion, better health care and so on. These plans are developed and executed by NITI Aayog (known as planning commission before 2015) and then approved by National Development Council (NDC). In 1951 we started the Five Year Planning system.

What are the objectives of Indian Planning?

Though, India has emerged as a new developing country, yet it is in the grip of acute problem of disguised unemployment. Thus, the crucial objective of Indian Planning is the creation of conditions for attaining full employment and the elimination of unemployment, under- employment and disguised unemployment.

What was the goal of the Third Five Year Plan?

Thus, in the Third Five Year Plan, for the first time, the idea of self-reliance was stated. The Fourth Plan concentrated on the goal of self- reliance in its document.