Question: What Is A 5 Year Development Plan?

What was the main focus of the first Five Year Plan?

Explanation: The main focus of the first five-year plan was the agricultural development of the country.

Agriculture is still the backbone of the Indian economy in terms of employment generation..

What should be included in a 5 year plan?

You can choose to make this plan as inclusive or focused as you want. I chose to include all the things that affect my life: Family, Health, Financial, Personal Development, Faith Life, Job, Writing, Coaching, Fun, Responsibilities, etc.

Who made 5 year plan?

Joseph StalinIn 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.

Did Stalin’s 5 year plans work?

The plan was implemented in 1928 and took effect until 1932. The Soviet Union entered a series of five-year plans which began in 1928 under the rule of Joseph Stalin. … While the vision was grand, its planning was ineffective and unrealistic given the short amount of time given to meet the desired goals.

How many 5 year plans were there?

In 1990, 21 years later, there was a gap between the plans once again due to the constantly changing government at the Centre. Annual plans were launched for the years 1990-91 and 1991-92, and the Eighth Five-Year Plan was kicked off in 1992. India had a total of 12 Five-Year Plans, the last one being from 2012-2017.

What is the aim of five year plan?

The plan laid stress on improving the productivity level of industries by upgrading of technology. The main objectives of the Seventh Five-Year Plan were to establish growth in areas of increasing economic productivity, production of food grains, and generating employment through “Social Justice”.

Where do u see urself after 5 years?

“Where do you see yourself in five years?” When a hiring manager asks you this, there may be a few things running through your brain. “Moving (way) up the ranks,” “running this place,” “working for myself,” or “in your job,” for example. None of which are necessarily things you should say out loud in an interview.

Where do you see yourself in 5 years Examples?

“Over the next few years, I want to explore and develop skills in project management. In five years, I want to have gained experience in leading projects for major clients. I will be looking for opportunities to expand my responsibilities within this role to work towards my goal.”

How do you plan your next five years?

5 Actions You Should Take To Plan Your Next 5 Years WellDecide what you want to achieve within the next 5 years. Decide what you want to plan for within the next 5 years. … Evaluate your goals every month. … Review your goals every day. … Make a weekly commitment to your goals. … Write down all of the possible outcomes.

What was Stalin’s 5 year plan?

Stalin’s First Five-Year Plan, adopted by the party in 1928, called for rapid industrialization of the economy, with an emphasis on heavy industry. It set goals that were unrealistic—a 250 percent increase in overall industrial development and a 330 percent expansion in heavy industry alone.

Who is called the father of Indian planning?

Sir M VisvesvarayaSir M Visvesvaraya, a Bharat Ratna recipient, was an engineer, statesman, and a scholar. He served as the Diwan of Mysore during the period of 1912-1918. In 1934, he published a book titled “Planned Economy in India”, in which he presented a constructive draft of the development of India in next ten years.

What do you mean by five years plan?

An economic plan allocates the resources of a nation to fulfil the general and specific goals as planned by the government for a specified period. In India, these plans are made for five years and hence are known as five year plans.

What are the main objectives of Five Year Plan?

Objectives of Five Year Plan of India Economic Growth. Economic Equity and Social Justice. Full Employment. Economic Self-Reliance.

Where do you see yourself in 5 years for freshers?

“I look forward to learn new skills and improve my knowledge to advance my career. In five years from now, I see myself as a knowledgeable professional having an in-depth knowledge of the company and the industry.”