Third Five-Year Plan of India

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The Third Five-Year Plan of India was a national economic program (1961–1966) that prioritized self-reliance through rapid industrialization and agricultural expansion, especially via the Green Revolution.

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Statements (49)

Predicate Object
instanceOf Five-Year Plan of India
national economic plan
affectedBy Indo-Pakistani War of 1965 NERFINISHED
Sino-Indian War of 1962 NERFINISHED
severe droughts in mid-1960s
aimedAt creating employment opportunities
raising food grain production
reducing dependence on food imports
regional balanced development
approvedBy Planning Commission of India NERFINISHED
continuedUnderPrimeMinister Indira Gandhi NERFINISHED
Lal Bahadur Shastri NERFINISHED
country India
economicContext period of wars and droughts
post-Second Five-Year Plan consolidation phase
endYear 1966
focusArea agriculture
education and health
industry
power
transport and communications
followedBy Fourth Five-Year Plan of India NERFINISHED
governanceLevel central government of India
includedProgram community development programmes
cooperative farming initiatives
rural works programmes
introducedProgram elements of the Green Revolution in India
launchedUnderPrimeMinister Jawaharlal Nehru NERFINISHED
ledTo greater emphasis on agricultural self-sufficiency
intensification of Green Revolution measures in late 1960s
mainObjective economic stability
expansion of agriculture
rapid industrialization
self-reliance
planningApproach mixed economy model
policyEmphasis expansion of irrigation facilities
increased use of fertilizers
mechanization of agriculture
use of high-yielding variety seeds
precededBy Second Five-Year Plan of India NERFINISHED
result continued food shortages
increased defense expenditure
shortfall in targeted growth rate
sectoralPriority basic and heavy industries
fertilizer industry
machine-building industry
steel industry
startYear 1961
timePeriod 1961–1966

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Planning Commission of India notableWork Third Five-Year Plan of India