Does five year plan still exist?

Does five year plan still exist?

The first five-year plan in India was launched in 1951 and since then, India has witnessed twelve Five Year Plans. The present government had however discontinued the Five-year plan system and a new mechanism was put into place.

What are the two types of plan?

There are two types of operational plans: standing plans and single-use plans.

  • Standing plans are plans designed to be used again and again. Examples include policies, procedures, and regulations.
  • Single-use plans refer to plans that address a one-time project or event.

How can I remember my 5-year plan?

Trick to Remember Five Year Plan India – Kerala PSC GK

  1. SHORTCUT: ThePICS. T – Transport. P – POWER.
  2. Fifth five year plan (1974-79) SHORTCUT : POSTMAN. P – Poverty Eradication.
  3. Sixth five year Plan (1980-85) SHORTCUT : MAIL.
  4. Eighth Five year plan (1992-97) SHORTCUT : LPG.
  5. Ninth five year plan (1997-2002) SHORTCUT : ESPN.
  6. Eleventh five year plan (2007 -2012) SHORTCUT : TEACHERS.

Were Stalin’s 5 year plans successful?

The Soviet Union’s achievements were tremendous during the first five-year plan, which yielded a fifty-percent increase in industrial output. To achieve this massive economic growth, the Soviet Union had to reroute essential resources to meet the needs of heavy industry.

Which is a single-use plan?

Single-use plans are also known as ‘specific plans’ since their objective is to solve a particular problem. These plans are formulated to handle a non-repetitive and unique problem. Such single-use plans cannot be used repeatedly since they become useless after they have achieved their objective.

Who is the father of rolling plan?

Moraarji Desai

What is a rolling plan?

Rolling plan was introduced by Prof. Myrdal. Rolling plan can be defined as the plan where there is no fixation of dates in respect of commencement and end of the plan. The main advantage of rolling plan is that they are very flexible and are able to overcome the rigidity by mending targets and objectives.

Who finally approves the five year plan?

The NDC, headed by the Prime Minister with all Chief Ministers and Cabinet Ministers on board, is the final authority to approve the five-year long policy document.

Who is called the father of Indian planning?

Mokshagundam Vishweswaraiah

Which plan is called rolling plan?

The Janta Government terminated the fifth five year plan in 1977-78 and launched its own sixth five year plan for period 1978-83 and called it a Rolling Plan.

Is procedure a single use plan?

For example, objectives, policies, strategies, rules, procedures etc., are standing plans because once formulated, they will be used for a long period and repeatedly. On the other hand, programmes and budgets are single use plans because once these are achieved, these are to be formulated again.

What are the 12 Five-Year Plans?


  • 1 History.
  • 2 First Plan (1951–1956)
  • 3 Second Plan (1956–1961)
  • 4 Third Plan (1961–1966)
  • 5 Plan Holidays (1966–1969)
  • 6 Fourth Plan (1969–1974)
  • 7 Fifth Plan (1974–1978)
  • 8 Rolling Plan (1978–1980)

What are the goals of Five Year Plans?

The goals of the five year plans are: growth, modernisation, self-reliance and equity. This does not mean that all the plans have given equal importance to all these goals.

Who finally approves the draft of Indian plans?

The National Development Council (NDC) or the Rashtriya Vikas Parishad is the apex body for decision making and deliberations on development matters in India, presided over by the Prime Minister.

Who suggested the rolling plan?

Gunnar Myrdal

How do you create a personal goal for the next 5 years?

Personal Goals

  1. Year 1: To be able to talk to a large crowd, learn more and be a much wiser person.
  2. Year 2: Get more life savings, work and work.
  3. Year 3: Probably finish my own house, strengthen my career.
  4. Year 4: Focus on myself and my family, then continue saving up.
  5. Year 5: Try to take it slow but not too slow.

What were Stalin’s 5 year plans?

In the Soviet Union, the first Five-Year Plan (1928–32), implemented by Joseph Stalin, concentrated on developing heavy industry and collectivizing agriculture, at the cost of a drastic fall in consumer goods.

What are the steps involved in planning?

Let us take a look at the eight important steps of the planning process.

  • Suggested Videos. Classification of business.
  • 1] Recognizing Need for Action.
  • 2] Setting Objectives.
  • 3] Developing Premises.
  • 4] Identifying Alternatives.
  • 5] Examining Alternate Course of Action.
  • 6] Selecting the Alternative.
  • 7] Formulating Supporting Plan.

Which is the first in planning?

Setting objectives is the primary step in planning. Objectives or goals specify what the organisation wants to achieve.

How many 5 year plans were there?

12 Five

How do you write a 5-year personal plan?

How to create a five-year plan

  1. Consider what you want for your life. Start by simply evaluating what you want for your life within the next five years.
  2. List your skills and experience.
  3. Identify your transferable skills.
  4. Learn about your goal.
  5. Refine your goals.
  6. Write down the steps.
  7. Be prepared for changes.

What are the steps in planning?

The steps in the planning process are:

  1. Develop objectives.
  2. Develop tasks to meet those objectives.
  3. Determine resources needed to implement tasks.
  4. Create a timeline.
  5. Determine tracking and assessment method.
  6. Finalize plan.
  7. Distribute to all involved in the process.

Which is not a type of plan?

Explanation: succession plan is not a recognized plan. Explanation:The process of finding and developing the abilities of new employees so that they can replace the old ones is defined as the succession plan.

What are types of plan?

Types of Organizational Planning

  • Strategic. A strategic plan is the company’s big picture.
  • Tactical. The tactical strategy describes how a company will implement its strategic plan.
  • Operational.
  • Contingency.
  • Develop the strategic plan.
  • Translate the strategic plan into tactical steps.
  • Plan daily operations.
  • Execute the plans.

Who is the father of five year plan?

Prasanta Chandra Mahalanobis

Which is not a single use plan?

Ans: Objectives are a strategy that is not a single or standing plan. Standing plans or repeated use plans are other names. In cases of a similar type, they are used repeatedly. They are often used for repetitive-nature problems.

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