Five-Year Plans - At a Glance

Plan	Emphasis of Plan	Targeted Growth Rate	Achieved Growth Rate
First Plan (1951-1956) Harrod-Domar Model	One-third of Total expenditure kept aside for agricultural development	21.%	3.6%
Second Plan (1956-1961) PC Mahalanobis Model	Its main objective was rapid industrialisation. Three big industries were established at Bhillai (USSR) ,Durgapur (UK) & Rourkela (Germany)	4.5%	4.2%
Third Plan (1961-1966)	Self-reliant & generating economy was the goal and Indian economy enters the take-off stage , Also continued emphasis on heavy and basic industries	5.6%	2.5%
Plan Holiday (1966-1969)	Three annual plans were formulated on account of Indo-Pak conflict , two successive years of drought, devolution of currency by 36% and general rise in prices	-------	--------
Fourth plan (1969-1974)	Growth with stability and progressive achievement of self-reliance, “Garibi Hatao” were	5.7%	3.2%
Fifth plan (1974-1978)	Removal of poverty and attainment of self-reliance	4.4%	5.0%
Rolling plan (1979-1980)	It was brought out by “Janta party Government” under “Morarji Desai” in 1978 to raise the income of lowest income classes through agriculture employment	--------	--------
Sixth Plan (1980-1985)	Removal of poverty through strengthening of infrastructure for both agriculture and industry, involved people’s participation at local level	5.2%	5.5%
Seventh Plan (1985-1990)	Food , work and productivity were the main objectives of this plan	5%	5.5%
Annual Plans	It could not take off due to fast changing in political situations at the Center , Therefore from 1990 992, Annual plans were formulated	--------	-------
Eighth Plan (1992-1997)	To provide a new dynamism to the economy and improve life quality of the common man	5.6%	6.5%
Ninth Plan (1997-2002)	Growth with social justice and equality	6.5%	5.5%
Tenth Plan (2002-2007)	The plan set certain equity-related social and monitorable targets with  the aim to achieve overall well-being of individuals	8.3%	7.6%
Eleventh Plan (2007-2012)	Towards faster and more inclusive growth, increase the growth rate in agriculture, industry and services to 4.1% , 10% and 9% , respectively	8.1%	7.9%
Twelfth Plan (2012-2017)	Towards faster growth in Medical, Agricultural, Industry and services .	8%	Waiting