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The Five Year Plans: Planning in India Video Lecture | IBPS PO Prelims & Mains Preparation - Bank Exams
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FAQs on The Five Year Plans: Planning in India Video Lecture - IBPS PO Prelims & Mains Preparation - Bank Exams
| 1. What are the Five Year Plans in India? |  |
Ans. The Five Year Plans are a series of social and economic development initiatives implemented by the Indian government to achieve specific goals over a five-year period. These plans aim to promote growth, reduce poverty, and improve the standard of living in the country.
| 2. How many Five Year Plans have been implemented in India? | |
Ans. A total of 12 Five Year Plans have been implemented in India since 1951. The first plan commenced in 1951-1956, and the last plan was the Twelfth Five Year Plan, which ran from 2012-2017.
| 3. What is the objective of the Five Year Plans in India? | |
Ans. The main objective of the Five Year Plans in India is to achieve balanced and sustainable economic development across various sectors. These plans focus on improving agriculture, industry, infrastructure, education, healthcare, and other key areas to uplift the overall socio-economic conditions of the country.
| 4. How are the Five Year Plans formulated and implemented in India? | |
Ans. The formulation and implementation of the Five Year Plans in India involve a comprehensive process. Initially, the Planning Commission, which has now been replaced by NITI Aayog, prepares the plan document based on inputs from various ministries, states, experts, and the public. Once approved by the government, the plan is implemented through the allocation of funds, monitoring progress, and periodic reviews.
| 5. What are some notable achievements of the Five Year Plans in India? | |
Ans. The Five Year Plans in India have contributed significantly to the country's development. Some notable achievements include the establishment of industries, construction of dams and power projects, expansion of transportation networks, improvement in agricultural productivity, poverty reduction, and the establishment of educational institutions and healthcare facilities.
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