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Five Year Plans of India -- 3 Volume Set - First Five Year Plan (1951-52 to 1955-56) to Twelfth Five Year Plan (2012-13 to 2016-17) (Hardcover)
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Five Year Plans of India -- 3 Volume Set - First Five Year Plan (1951-52 to 1955-56) to Twelfth Five Year Plan (2012-13 to 2016-17) (Hardcover)
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Economic planning is concerned with the effective and optimal
utilisation of the potential resources of an economy. This is
particularly so in the context of underdeveloped countries which
are striving to raise the standard of living of the masses. In
fact, planning is a process aiming not merely at the best
utilisation of material resources but also at the development of
human faculties and institutional framework suitable to the needs
and aspirations of the people. The establishment of Planning
Commission in 1950 heralded a new era in the economic history of
India. It makes an assessment of the material, capital and human
resources of the country, including technical personnel, and
investigates the possibilities of augmenting such of these
resources as are found to be deficient in relation to the
requirements of the country. It, then, formulates a Plan for the
most effective and balanced utilisation of these resources. Indias
First Five Year Plan was launched on 1 April 1951. Since then,
eleven Five Year Plans have been completed and the Twelfth Five
Year Plan (2012-13 to 2016-17) is underway. This book provides a
comprehensive account of various aspects of economic planning in
India. It traces the structural changes which have transformed
India from a traditional agricultural economy to a technologically
strong, industrially diversified and militarily powerful country.
Part I of the book contains two chapters: Chapter 1 explains the
determinants and constraints of economic development. Chapter 2
describes the principles of economic planning. Part II comprises of
five chapters: Chapter 3 deals with human and natural resources of
India. Chapter 4 discusses the problems and issues in Indias
development efforts. Chapter 5 explains the institutional framework
for economic planning in India. Chapter 6 records achievements of
Five Year Plans. Chapter 7 highlights the areas of concern and
makes an overall assessment of the planning experience. Part III
contains two chapters: Chapter 8 provides sector-wise account of
economic reforms in India (1991 to 2013). Chapter 9 discusses
future prospects and challenges before the Indian Economy. Parts IV
to XV provide sector-wise summary of and sector-wise edited
extracts from each of the Five Year Plans (I to XII) under the
following 12 common theme headings: 1. Agriculture and Rural
Development. 2. Industrial Policy and Public Sector. 3. Mineral
Resources. 4. Electricity and Other Renewable Energy Sources. 5.
Urban Development and Housing. 6. Transport and Communications. 7.
Employment and Labour Welfare. 8. Health, Family Planning and
Nutrition. 9. Education, Training and Skill Development. 10.
Science and Technology. 11. Social Welfare.12. Balanced Regional
Development. The 12 theme headings cover almost all the sectors of
the Indian economy. Reader will find it easy to comprehend how a
particular sector of the Indian economy was treated in terms of
priority, strategy, and allocation of resources in the successive
Plans. Part XVI contains sector-wise time-series data on the Indian
economy from 1950-51 to 2011-12. The book would be useful for a
cross-section of academic community and researchers, both in India
and abroad. It will also serve the needs of legislators, business
executives, entrepreneurs and investors, and others interested in
the developments in the Indian economy.
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