Introduction:
The first five-year plan was presented in India in 1951 under the leadership of Jawaharlal Nehru. It was an important step taken by the Indian government to develop the country's economy and improve the living standards of its citizens.

Background:
After India gained independence in 1947, the country was facing major challenges in terms of economic development, poverty, and unemployment. The country was largely agrarian, and the majority of the population was engaged in farming. The need for industrialization was felt, and it was necessary to create jobs for the growing population.

Objectives of the first five-year plan:
The objectives of the first five-year plan were as follows:

1. To achieve self-sufficiency in food production
2. To create job opportunities in the industrial sector
3. To increase the standard of living of the people
4. To promote industrialization in the country
5. To increase the production of goods and services

Implementation of the first five-year plan:
The plan was implemented in three stages:

1. The preparatory stage - This involved the collection of data and the identification of resources required for the implementation of the plan.

2. The implementation stage - This involved the implementation of various programs and schemes to achieve the objectives of the plan. Some of the major programs implemented during the first plan were the establishment of steel plants, thermal power plants, and irrigation projects.

3. The evaluation stage - This involved the evaluation of the progress made during the implementation of the plan and the identification of areas where improvements were needed.

Outcome of the first five-year plan:
The first five-year plan was largely successful in achieving its objectives. The plan was able to achieve self-sufficiency in food production and create job opportunities in the industrial sector. The standard of living of the people improved, and industrialization in the country was promoted. The plan laid the foundation for the economic development of the country.

Conclusion:
The first five-year plan was an important step taken by the Indian government to develop the country's economy and improve the living standards of its citizens. It was presented by Jawaharlal Nehru, the first Prime Minister of India, and was largely successful in achieving its objectives. The plan laid the foundation for the economic development of the country, and subsequent plans built upon its achievements.