What are the main objective of 12th five year plan?

The objectives of the 12th Five Year Plan of India include: Achieving a growth rate of 9 percent. Ensuring a growth rate of 4 percent in the agricultural sector. Ensuring that the commercial energy supplies grow at a rate of 6.5-7 percent per year.

What are the objectives of India’s five year plans?

Self-Reliance: Another objective of Indian Plans is self- reliance. The earlier two plans could not give emphasis to it because they were formulated for rehabilitation and establishing basic and key industries in the country. Thus, in the Third Five Year Plan, for the first time, the idea of self-reliance was stated.

What are the main objectives of Indian planning?

Here we detail about the six major objectives of planning in India, i.e., (a) Economic Growth, (b) Attaining Economic Equality and Social Justice, (c) Achieving Full Employment, (d) Attaining Economic Self-Reliance, (e) Modernisation of Various Sectors, and (f) Redressing Imbalances in the Economy.

What is the theme of 12th Five Year Plan of India?

Faster, More Inclusive and Sustainable Growth
Explanation: The main theme of the 12th five-year plan of India was “Faster, More Inclusive and Sustainable Growth”.

What are the 12 Five Year Plans?

History.

First Plan (1951–1956)

Second Plan (1956–1961)

Third Plan (1961–1966)

Plan Holidays (1966–1969)

Fourth Plan (1969–1974)

Fifth Plan (1974–1978)

Rolling Plan (1978–1980)

Who formulated plans in India?

Minister Jawaharlal Nehru
After India achieved independence, a formal model of planning was adopted, and accordingly the Planning Commission, reporting directly to the Prime Minister of India, was established on 15 March 1950, with Prime Minister Jawaharlal Nehru as the Chairman.

What was the aim of 12th Five Year Plan in India?

On 4th October, the government of India approved the 12th five year plan (2012-17) that aims to achieve annual average economic growth rate of 8.2 per cent, down from 9 per cent (Eleventh plan 2007-12). The aim of the 12th Five Year plan is to achieve “faster, sustainable and more inclusive growth”.

What are the long term objectives of India?

Long term objectives of Five Year Plans in India are: High Growth rate to improve the living standard of the residents of India. Economic stability for prosperity. Self-reliant economy. Social justice and reducing the inequalities. Modernization of the economy.

What are the problems of five year plan of India?

There were situations like low birth rate, high death rate low rate of literacy, high infant mortality rate and so on. Other factors like social and economic infrastructure deficiency, corruption in politics, unemployment, and poverty were powerful. Problems of macro-level are never solved with automatic demand and supply forces.

What are the objectives of five year plan?

Social Welfare and Provision of Efficient Social Services: The objectives of all the five year plans as well as plans suggested by the NITI Aayog aim to increase labour welfare, social welfare for all sections of the society.