The first Indian prime minister, Jawaharlal Nehru, presented the First Five-Year Plan to the Parliament of India and needed urgent attention. The First Five-year Plan was launched in 1951 which mainly focused in the development of the primary sector.
Who discovered five year plan?
New Delhi: Sixty-nine years ago, on 9 July 1951, India’s first Prime Minister Jawaharlal Nehru presented the First Five-Year Plan to the Parliament. Five-Year Plans were a formal model of planning adopted by the Indian government after Independence, for an effective and balanced utilisation of resources.
Who formulated plans in India?
Plans are formulated by planning commission of India.
Which five year plan is most successful?
The Sixth Five-Year Plan was a great success to the Indian economy. The target growth rate was 5.2% and the actual growth rate was 5.7%.
Which is the first in planning?
Establishing the objectives is the first step in planning. Plans are prepared with a view to achieve certain goals. Hence, establishing the objectives is an important step in the process of planning. Plans should reflect the enterprise’s objectives.
What is the first Five Year Plan?
The first five year plan was created in order to initiate rapid and large-scale industrialization across the Union of Soviet Socialist Republics (USSR). Having begun on October 1st, 1928, the plan was already in its second year when Harry Byers first set foot in the Soviet Union.
Who is father of Blue Revolution?
Hiralal Chaudhuri and Dr. Arun Krishnsnan known as Father of Blue revolution.