Indian Economy-Five Years Plan Summary
Indian Economy-Five Years Plan Summary
Indian Economy-Five Years Plan Summary
The concept of economic planning in India is derived from the Russia (then USSR).
India has launched 12 five year plans so far. First five year plan was launched in
1951. Now the present NDA government has stopped the formation of five year
plans. So 12th five year plan would be called the last five year plan of India.
The Niti Aayog, which has replaced the Planning Commission, is launching a three-
year action plan from April 1, 2017
Annual Plans: Eighth five Plan could not take place due to volatile political
situation at the centre. So two annual programmes are formed in 1990-91 & 1991-
92.