Who drafted the first Five Year Plan in India?
First Plan (1951–1956) The first Indian prime minister, Jawaharlal Nehru, presented the First Five-Year Plan to the Parliament of India and needed urgent attention.
Who drafted first five year plan?
Kakkadan Nandanath Raj was a veteran Indian economist . He is popularly known as K. N. Raj . He played an important role in India ‘s planned development , drafting sections of Indian ‘s first Five Year Plan.
When was first Five Year Plan started in India?
9 July 1951
The target GDP growth of the plan was 2.1%, but the country recorded a growth of 3.6% that year. New Delhi: Sixty-nine years ago, on 9 July 1951, India’s first Prime Minister Jawaharlal Nehru presented the First Five-Year Plan to the Parliament.
Who came up with the 5 year plan?
Joseph Stalin
The first five-year plan (Russian: I пятилетний план, первая пятилетка) of the Union of Soviet Socialist Republics (USSR) was a list of economic goals, created by Communist Party General Secretary Joseph Stalin, based on his policy of Socialism in One Country.
What is the name of First Five Year Plan?
Due to this, the first five year plan is also called Domer-Mahalanobis Model. It was modified version of the Harrod–Domar model with few changes. In this plan, highest priority was given to the Agriculture, Irrigation & Power Projects. Total plan budget of Rs.
Why was the first Five Year Plan created?
The first five year plan was created in order to initiate rapid and large-scale industrialization across the Union of Soviet Socialist Republics (USSR). Having begun on October 1st, 1928, the plan was already in its second year when Harry Byers first set foot in the Soviet Union.
Who is father of Blue Revolution?
It was launched in India during the seventh Five-year plan (1985-1990) when the Central Government sponsored the Fish Farmers Development Agency (FFDA). Dr. Hiralal Chaudhuri and Dr. Arun Krishnsnan known as Father of Blue revolution.
When did the first 5 year plan start?
What happened in the first five year plan?
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. The fourth (1946–53) again stressed heavy industry and military buildup, angering the Western powers.
Who started Pink revolution in India?
Durgesh Patel
The major exporters of buffalo meat are Punjab, Maharashtra, and Uttar Pradesh. The modernization of the meat and poultry processing sector and to increase Onion production in India is the Pink Revolution. Durgesh Patel is known as the Father of the Pink Revolution.
What was the first five year plan of India?
In July 1951, the Planning Commission issued the draft outline of the First Five Year Plan for the period April 1951 to March 1956. It was presented to the parliament in Dec. 1952 by the Planning Commission. At the time of the First Five-Year Plan India faced with the problem of influx of refugees, severe food shortage and mounting inflation.
Who was the first Prime Minister to present a five year plan?
On December 8, 1951, the Prime Minister Jawaharlal Nehru presented the first five-year plan to the Parliament of India. This was based on the Harrod-Domar model.
Who was the first five year plan drafted by?
The First Five Year Plan (1951-56) was drafted by A P.C Mahalanobis B KN Raj C JC Mumarappa D Jawaharlal Nehru Easy Answer Correct option is
Who was the first chairman of the Planning Commission of India?
They were formulated by the Planning Commission of India, which was established on 15 March 1950. Since it was not a constitutional body, the Commission reported directly to the Prime Minister and its first Chairman was Nehru himself. This day in 1951, Jawaharlal Nehru presented the First Five-Year Plan to the Parliament.