First Five-Year Plan of India
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The First Five-Year Plan of India was the country’s inaugural national economic program (1951–1956), focused primarily on agricultural development, irrigation, and restoring the economy after independence and Partition.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
Five-year plan of India
ⓘ
economic development plan ⓘ |
| aimedAt |
controlling inflation
ⓘ
employment generation ⓘ increasing national income ⓘ price stability ⓘ raising per capita income ⓘ |
| approvedBy | Parliament of India NERFINISHED ⓘ |
| associatedWithLeader | Jawaharlal Nehru NERFINISHED ⓘ |
| chairpersonOfPlanningCommission | Jawaharlal Nehru NERFINISHED ⓘ |
| context |
post-independence economic reconstruction
ⓘ
refugee rehabilitation after Partition of India ⓘ |
| country | India ⓘ |
| currencyOfAllocation | Indian rupee NERFINISHED ⓘ |
| economicModel | democratic socialist planning ⓘ |
| emphasis |
community development programmes
ⓘ
land reforms ⓘ public sector investment in key areas ⓘ |
| endYear | 1956 ⓘ |
| focusSector |
agriculture
ⓘ
irrigation ⓘ power ⓘ rural development ⓘ |
| followedBy | Second Five-Year Plan of India NERFINISHED ⓘ |
| goal |
balanced regional development
ⓘ
improvement of living standards in rural areas ⓘ self-sufficiency in food grains ⓘ |
| historicalSignificance | first national-level comprehensive economic plan of independent India ⓘ |
| implementedUnder | Constitution of India NERFINISHED ⓘ |
| includedProgram |
Community Development Programme
NERFINISHED
ⓘ
National Extension Service NERFINISHED ⓘ |
| influencedBy | Harrod–Domar growth model NERFINISHED ⓘ |
| launchedBy | Government of India NERFINISHED ⓘ |
| legalBasis | Planning Commission resolution of 1950 ⓘ |
| precededBy | pre-independence colonial economic policies ⓘ |
| preparedBy | Planning Commission of India NERFINISHED ⓘ |
| primaryObjective |
agricultural development
ⓘ
development of irrigation and power ⓘ increase in food grain production ⓘ rehabilitation of the economy after independence and Partition ⓘ |
| result |
growth rate exceeding initial target
ⓘ
improvement in irrigation facilities ⓘ reduction in overall inflation compared to immediate post-independence years ⓘ significant increase in food grain output ⓘ |
| sectoralPriority | higher allocation to agriculture compared to industry ⓘ |
| startYear | 1951 ⓘ |
| timePeriod | 1951–1956 ⓘ |
| typeOfPlanning | centralized economic planning ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.