Five year Plan
What is Five year Plane?: Five Year Plans is centralized and integrated National Economic Programs. First implemented Five year plan in the Soviet Union (Present Russia) in the late 1920s by Joseph Stalin . India launched its First Five year plan in 1951, Jawaharlal Nehru was the first Chairman of the Planning Commission.
What is Five year Plane?: Five Year Plans is centralized and integrated National Economic Programs. First implemented Five year plan in the Soviet Union (Present Russia) in the late 1920s by Joseph Stalin . India launched its First Five year plan in 1951, Jawaharlal Nehru was the first Chairman of the Planning Commission.
List of Five year Plan and Its Target
- First Five Plan - 1951–1956 - Target: 2.1 and Achieved: 3.61 (The First Five Year Plan was based on the Harrod–Domar model)
- Second Five Plan - 1956–1961 - Target: 4.5 and Achieved: 4.27 (The Second Five Year Plan was based on the Mahalanobis model)
- Third Five Plan - 1961–1966 - Target: 5.6 and Achieved: 2.84
- Fourth Five Plan - 1969–1974 - Target: 5.7 and Achieved: 3.30
- Fifth Five Plan - 1974–1978 - Target: 4.4 and Achieved: 4.80
- Sixth Five Plan - 1980–1985 - Target: 5.2 and Achieved: 5.66
- Seventh Five Plan - 1985–1990 - Target: 5.0 and Achieved: 6.01
- Eighth Five Plan - 1992–1997 - Target: 5.6 and Achieved: 6.78
- Ninth Five Plan - 1997–2002 - Target: 57.6 and Achieved: 43.3
- Tenth Five Plan - 2002–2007 - Target: 52.9 and Achieved: 47.8
- Eleventh Five Plan - 2007–2012 - Target: 47.8 and Achieved: 45.7
- Twelfth Five Plan - 2012–2017 - Target: 45.2 and Achieved: 34.3
Rolling Plan and Annual Plan
- Rolling Plan - 1978–1980
- Annual Plans - 1990–1992
NITI Aayog (National Institution for Transforming India): National Institution for Transforming India Aayog is a Government of India policy think-tank established by Prime Minister Narendra Modi after his having dissolved the Planning Commission. The Union Government of India announced formation of NITI Aayog on 01.01.2015 and the first meeting of NITI Aayog was held on 08.02.2015. Here given the details of Chairman and Members of NITI Aayog etc.
Chairperson: Shri Narendra Modi, Hon'ble Prime Minister of India
Vice Chairperson: Shri Arvind Panagariya
Full-Time Members
- Shri Bibek Debroy
- Shri V.K. Saraswat
- Prof. Ramesh Chand
Ex-officio Members
- Shri Rajnath Singh, Minister of Home Affairs
- Shri Arun Jaitley, Minister of Finance; Minister of Corporate Affairs; and Minister of Information and Broadcasting
- Shri Suresh Prabhu, Minister of Railways
- Shri Radha Mohan Singh, Minister of Agriculture
Special Invitees
- Shri Nitin Gadkari, Minister of Road Transport and Highways; and Minister of Shipping
- Shri Thawar Chand Gehlot,Minister of Social Justice and Empowerment
- Smt. Smriti Zubin Irani, Minister of Human Resource Development.
Chief Executive Officer: Smt. Sindhushree Khullar
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