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The Third Five-year Plan stressed agriculture and improvement in the production of wheat, but the brief Sino-Indian War of 1962 exposed weaknesses in the economy and shifted the focus towards the defence industry and the Indian Army.
The Third Plan focused on agriculture and improving the production of rice & wheat. Considerable emphasis is being given to the development of education and other social services. The period for the Third Plan started on 1 April 1961 and ended on 31 March 1966.
Plan holiday. Failure of Third Plan that of the devaluation of rupee( to boost exports) along with inflationary recession led to postponement of Fourth FYP. Three Annual Plans were introduced instead. Prevailing crisis in agriculture and serious food shortage necessitated the emphasis on agriculture during the Annual Plans.
This article will keep you updated on the history and objectives of economic planning in India, Five Year Plan in India and the Planning Commission as well as its successor, the NITI Aayog. You can also download the list of Five Year Plans, its objectives, and assessments in the form of PDF.
17 Οκτ 2024 · The Third Five-Year Plan represents the first phase of a system of long-term expansion that will last about 15 years. During this time, India's economy must not only expand rapidly but also become self-sufficient and self-generating.
dc.publisher: Government Of India Planning Commission dc.rights: In Public Domain dc.source.library: University Of Allahabad dc.subject.classification: Literature dc.title: Third Five Year Plan. Addeddate 2017-01-25 00:29:17 Identifier in.ernet.dli.2015.223422 Identifier-ark ark:/13960/t52g35c55 Ocr ABBYY FineReader 11.0 ...
26 Μαΐ 2024 · The Five-Year Plans of India was a series of economic and social development initiatives launched by the Government of India to promote economic growth, social welfare, poverty reduction, regional balance and self-reliance in a planned and systematic manner. Key Features of Five Year Plans of India. Here are some key features of the Five-Year ...
