Analyse the growth in the National Income of India over the different plan periods. 

National Income Trends:

The rate of growth of national income since the First Plan has been around 3.5 to 4 p.c. substantially below the targeted rates of 5 to 5.5 p.c.

Above all; there are ups and downs in the growth rates achieved during the plan period.

The First Plan (1951-56) experienced an annual growth rate of 3-7 p.c. while it marginally increased to 4.1 p.c. in the Second Plan. But there was a downturn in the growth rate during the Third Plan because of two wars and severe drought.

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