Five Year Plan Essay - 354 Words - Ostatic.
Five Year Plan. An economic plan allocates the resources of a nation to fulfil the general and specific goals as planned by the government for a specified period. In India, these plans are made for five years and hence are known as five year plans. These five year plans are ultimately a short-term plan for a perspective plan. A perspective plan.
The first Five-year Plan was launched in 1951 and two subsequent five-year plans were formulated till 1965, when there was a break because of the Indo-Pakistan Conflict. Two successive years of drought, devaluation of the currency, a general rise in prices and erosion of resources disrupted the planning process and after three Annual Plans between 1966 and 1969, the fourth Five-year plan was.
On 4 th October, the government of India approved the 12th five year plan (2012-17) that aims to achieve annual average economic growth rate of 8.2 per cent, down from 9 per cent (Eleventh plan 2007-12). The aim of the 12th Five Year plan is to achieve “faster, sustainable and more inclusive growth”.For this purpose it seeks to achieve 4% growth in agriculture sector and 10% in.
The Five Year Plan was successful in its goal of increasing the industry of Russia. According to Stalin, the results were impeccable and the plan had no downsides. Stalin stated that because of the Five Year Plan, the Soviet Union had developed a tractor, automobile, machine-tool, chemical, modern agriculture, oil, and electricity industry. (Stalin) Russia was transformed into a more modern.
The Five Year Forward View (FYFV) is just such a set of proposals, and it’s already in the process of being implemented. NHSE’s Director, Simon Stevens, published the FYFV in October 2014, six months after his return from the USA where he worked for the health insurance giant, UnitedHealth. During that time he led a project for the World Economic Forum apparently concerned about the.
The second five-year plan gave heavy industry top priority, putting the Soviet Union not far behind Germany as one of the major steel-producing countries of the world. Further improvements were made in communications, especially railways, which became faster and more reliable. As was the case with the other five-year plans, the second was not as successful, failing to reach the recommended.
The first Five-Year Plan did not get off to a successful start in all sectors. For example, the production of pig iron and steel increased by only 600,000 to 800,000 tons in 1929, barely surpassing the 1913-14 level. Only 3,300 tractors were produced in 1929. The output of food processing and light industry rose slowly, but in the crucial area of transportation, the railways worked especially.