Origin Five year plans were first introduced in the erstwhile Soviet Union in 1928 for controlled and rapid economic development. Much of the Soviet industrial successes are a result of the implementation of its five year plans. In 1950‚ India’s prime minister Jawaharlal Nehru‚ impressed by the Soviet system‚ adopted five year plans as a model for economic development‚ and established the Planning Commission which was to act independent of any cabinet and was answerable only to the Prime Minister
Premium Economic growth India Industry
Analysis of twelfth Five Year Plan 2011 Submitted By: Gautam Chimagundi 2011A08 Leena Khiani 2011A09 Asita Ajgaonkar 2011A14 Rudhreesh Kapur 2011A23 Contents 1.1 Introduction 2 2. Prospects for the Twelfth Plan 2 3. Drivers of Growth in the Twelfth Plan 2 3.1 Macro‐Economic Fundamentals 2 3.2 Management and Labour Skills 2 3.3 Aspirational Drivers 2 4. Growth Targets for the Twelfth Plan 2 5. Energy 2 6. Transport 2 6.1 Roads 2 6.2 Railways 2 6
Premium Tourism Economics Infrastructure
The economy of India is based in part on planning through its five-year plans‚ which are developed‚ executed and monitored by the Planning Commission. The tenth plan completed its term in March 2007 and the eleventh plan is currently underway.[1] Prior to the fourth plan‚ the allocation of state resources was based on schematic patterns rather than a transparent and objective mechanism‚ which led to the adoption of the Gadgil formula in 1969. Revised versions of the formula have been used since then
Premium
“The breakup of the Eurozone is inevitable within the next five years.” Discuss. Contents Executive Summary Background No alternative The Greek Problem Contagion The Firewall/European Financial Stability Facility (EFSF) China Conclusion References Appendices 1. Executive Summary This report addresses the question of whether or not the breakup of the eurozone is inevitable within the next 5 years. When the U.S. property market collapsed and systemically
Premium European Union Eurozone Euro
Stalin’s technique to take Germany forward was using five year plans. Stalin believed there was need for these five- year plans as : First of all many of the regions were behind other countries in growth and that the USSR were backward Stalin believed that to be be backward you are defeated and enslaved but if you are powerful people must beware of you. Stalin also believed (with Lenin) the USSR should overtake and out strip the capitalist countries He believed Socialism in one country and the USSR
Free World War II Soviet Union
Five Year Plans in India Five Year Plans India at the time of independence was left with crippling economy by British‚ which needed attention and well planned strategies to boom again in the global market. The pioneers of the Indian government at then times formulated 5 years plan to develop the Indian economy. The five years plan in India is framed‚ executed and monitored by the PlanningCommission of India. Jawahar Lal Nehru was the chairman of the first PlanningCommission of India.
Premium Demography Poverty Economics
11th Five Year Plan of India (2007 - 2012) On the eve of the 11th Plan‚ our economy is in a much stronger position than it was a few Years ago. After slowing down to an average growth rate of about 5.5% in the 9th Plan period (1997 - 98 to 2001 - 02)‚ it has accelerated significantly in recent Years. The average growth rate in the last four Years of 10th Plan period (2003 - 04 to 2006 - 07) is likely to be a little over 8%‚ making the growth rate 7.2% for the entire 10th Plan period. Though‚ this
Premium Economic growth
India’s 12th Five Year Plan to Focus on ‘Inclusive Growth’ Posted on Monday‚ April 25‚ 2011 by 2point6billion.com By Teja Yenamandra Planning Commission’s focus on instilling “inclusive growth” is making headway. The plan is expected to be one that encourages the development of India’s agriculture‚ education‚ health and social welfare through government spending. It is also expected to create employment through developing India’s manufacturing sector and move the nation higher up the value chain
Premium Manmohan Singh
Key issues for Thames Water over the next five years Background Thames Water is UK’s largest water and wastewater services provider‚ which serves 14 million customers and supplies 2.6bn litres of drinking water each day‚ with an annual turnover £1.8bn. The company’s business is closely regulated by a number of regulators including Ofwat (The Water Services Regulation Authority)‚ DMI (Drinking Water Inspectorate) and EA (Environment Agency). During 2012/13‚ Thames Water achieved 100 on the Security
Premium Water Water supply Water management
Eighth Five Year Plan of our country runs through the period from 1992 to1997. Prior to start of the plan‚ there was a period of economic instability in India and hence no five year plan was implemented during 1991-1992. In 1991‚ India faced a crisis in Foreign Exchange (Forex) reserves‚ left with reserves of only about US$1 billion. Thus‚ under pressure‚ the country took the risk of reforming the socialist economy. P.V. Narasimha Rao was the twelfth Prime Minister of the Republic of India and
Premium Manmohan Singh Indian National Congress India