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
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As of 1927 Russia was vastly inferior to its neighboring countries industrially. With the ever growing fear of war‚ Joseph Stalin had to industrialize Russia and fast‚ or Russia was going to cease to exist. The result was the First Five Year Plan. In the communist government‚ a ministry was in charge of the execution of plans and there are t wo types of ministries. There was a sectoral ministry and a territorial ministry. The sectoral ministry was in charge of coal steel‚ textiles‚ aviation‚ and
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land and a nation with a centralized government. Russia and England both fought their way to success by fighting and uniting their people. At the same time‚ they also both used different methods. While Russia and England both used force and military to have a centralized government‚ they also both used a different approach to gaining power. First‚ the two nations obtained and maintained a centralized government by using their military and force. With the Mongols invading Russia and eventually forcing
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The five year plans improved the economic conditions of the Soviet Union. By having the five year plans industrialize the USSR‚ there are more opportunities to find employment. After the first five year plan (1928-1932)‚ the national income of the Soviet Union increased 85% compared to the national income of 1928 (Stalin). During the duration of the first and second five year plan‚ the amount of workers in different industries increased significantly. For example‚ the number of Soviet workers employed
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Primary Source for 04/28/2010‚ Joseph Stalin: Joseph Stalin became the leader of the Soviet Union after Lenin’s death in 1924. In 1928 Stalin began the First Five-Year Plan‚ an ambitious attempt to quickly modernize the Soviet economy. In the speech below‚ given in 1933 to the Central Committee of the Communist Party‚ Stalin explained the goals and results of the Five-Year Plan. The fundamental task of the Five-Year Plan was to convert the U.S.S.R. from an agrarian and weak country‚ dependent
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India ’s Five Year Plans: All at a Glance Email ThisBlogThis!Share to TwitterShare to Facebook This topic will help to get a glimpse of all five year plans till now and recommended for students/ aspirants of SBI Clerical Exams going to be held shortly. For more details please visit Planning Commission of India ’s website here Planning Commission (Estb. 1950) In March 1950‚ Government of India constituted a statutory body with the Prime Minister of India as its Chairman-called the Planning
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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
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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
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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.
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element in a successful human resource department of large corporations throughout the United States. Our learning team paper will analyze the impact of three key salary methods on employees and organizations‚ explore three benefit packages‚ and explain how salary and administration strategies relate to organizational culture and performance. The importance of a company’s ability to sustain a balance between employee and company interests is significant. Compensation is defined as the methods and practices
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