Write a note on the efforts made to improve the performance of agricul

Question

Write a note on the efforts made to improve the performance of agricultural sector in India through the various Five-year plans.

18 Aug 2022

Answer :

Word Count : 724

First Five Year Plan:

It was launched for the duration of 1951 to 1956,under the leadership ofJawaharlal Nehru.

It was based on the Harrod-Domar model with a few modifications.

Its main focus was on the agricultural development of the country.

This plan was successful and achieveda growth rate of 3.6% (more than its target of 2.1%).

At the end of this plan, five IITs were set up in the country

Second Five Year plan

It was made for the duration of 1956 to 1961,under the leadership of Jawaharlal Nehru.

It was based on the P.C. Mahalanobis Model made in the year 1953.

Its main focus was on the industrial development of the country.

This plan lags behind its target growth rate of 4.5% and achieved a growth rate of 4.27%.

However, this plan was criticized by many experts and as a result, India faced a payment crisis in the year 1957.

Third Five Year Plan:

It was made for the duration of 1961 to 1966, under the leadership of Jawaharlal Nehru.

This plan is also called ‘Gadgil Yojna’, after the Deputy Chairman of Planning Commission D.R. Gadgil.

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