five-year plan | planning commission| niti aayog | rolling plan| plan holiday | nta net| upsc скачать в хорошем качестве

five-year plan | planning commission| niti aayog | rolling plan| plan holiday | nta net| upsc

#ECONOMICFORUPSC #Vishnueconomicsschool #NTANETECONOMICS Download my app Vishnu ECONOMICS SCHOOL from play store or link is given below https://play.google.com/store/apps/de... TELEGRAM ;- https://t.me/Vishnueconomicsschool WHATSAPP https://chat.whatsapp.com/Dd4096hYSAL... APP https://play.google.com/store/apps/de... WEBSITE www.vishnueconomicsschool.in We cover 1. UPSC MAIN ECONOMICS OPTIONAL 2. NTA - NET ECONOMICS 3. INDIAN ECONOMIC SERVICES 4. RBI EXAM 5 NABARD EXAM 6. DSSSB PGT ECONOMICS 7 KVS/ NVS PGT ECONOMICS 8.PGT ECONOMICS FOR OTHER STATE 9 LECTURER UPHESB 10 IGNOU MA ECONOMICS 11 Delhi UNIVERSITY B.A, B.COM, ECO H, GE, ECO H 12 MDU UNIVERSITIES 13 MA ECO, M.COM, ECO H, BBE, BBA, MBA, 14 . CBES BORAD FOR 11 AND 12 15 NIOS FOR CLASS 12 16. ICSE CLASS 12 17 XI , XII FOR DIFFERENT STATE BOARD From 1947 to 2017, the Indian economy was premised on the concept of planning. This was carried through the Five-Year Plans, developed, executed, and monitored by the Planning Commission (1951-2014) and the NITI Aayog (2015-2017). With the prime minister as the ex-officio chairman, the commission has a nominated deputy chairman, who holds the rank of a cabinet minister. Montek Singh Ahluwalia is the last deputy chairman of the commission (resigned on 26 May 2014). The Twelfth Plan completed its term in March 2017.[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 to determine the allocation of central assistance for state plans.[2] The new government led by Narendra Modi, elected in 2014, has announced the dissolution of the Planning Commission, and its replacement by a think tank called the NITI Aayog (an acronym for National Institution for Transforming India). Five-Year Plans (FYPs) are centralized and integrated national economic programs. Joseph Stalin implemented the first Five-Year Plan in the Soviet Union in 1928. Most communist states and several capitalist countries subsequently have adopted them. China continues to use FYPs, although China renamed its Eleventh FYP, from 2006 to 2010, a guideline (guihua), rather than a plan (jihua), to signify the central government's more hands-off approach to development. India launched its First FYP in 1951, immediately after independence, under the socialist influence of India's first prime minister, Jawaharlal Nehru.[3] The First Five-Year Plan was one of the most important, because it had a great role in the launching of Indian development after Independence. Thus, it strongly supported agriculture production and also launched the industrialization of the country (but less than the Second Plan, which focused on heavy industries). It built a particular system of mixed economy, with a great role for the public sector (with an emerging welfare state), as well as a growing private sector (represented by some personalities as those who published the Bombay Plan). The first Indian prime minister, Jawaharlal Nehru, presented the First Five-Year Plan to the Parliament of India and needed urgent attention. The First Five-year Plan was launched in 1951 which mainly focused in development of the primary sector. The First Five-Year Plan was based on the Harrod–Domar model with few modifications. The total planned budget of Rs. 2069 crore (2378 crore later) was allocated to seven broad areas: irrigation and energy (27.2%), agriculture and community development (17.4%), transport and communications (24%), industry (8.4%), social services (16.6%), rehabilitation of landless farmers (4.1%), and for other sectors and services (2.5%). The most important feature of this phase was active role of state in all economic sectors. Such a role was justified at that time because immediately after independence, India was facing basic problems—deficiency of capital and low capacity to save. The target growth rate was 2.1% annual gross domestic product (GDP) growth; the achieved growth rate was 3.6% the net domestic product went up by 15%. The monsoon was good and there were relatively high crop yields, boosting exchange reserves and the per capita income, which increased by 8%. National income increased more than the per capita income due to rapid population growth. Many irrigation projects were initiated during this period, including the Bhakra, Hirakud, Mettur Dam and Damodar Valley dams. The World Health Organization (WHO), with the Indian government, addressed children's health and reduced infant mortality, indirectly contributing to population growth.