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The Five-Year Plans of India were a series of national development programmes implemented by the Government of India from 1951 to 2017. [1] Inspired by the Soviet model , these plans aimed to promote balanced economic growth , reduce poverty and modernise key sectors such as agriculture, industry, infrastructure and education.
Stalin announced the start of the first five-year plan for industrialization on October 1, 1928, and it lasted until December 31, 1932. Stalin described it as a new revolution from above. [12] When this plan began, the USSR was fifth in industrialization, and with the first five-year plan moved up to second, with only the United States in first ...
The model was created as an analytical framework for India's Second Five-Year Plan in 1955 by appointment of Prime Minister Jawaharlal Nehru, as India felt there was a need to introduce a formal-plan model after the First Five Year Plan (1951–1956). The First Five-Year Plan stressed investment for capital accumulation in the spirit of the one ...
In 1928, the first five-year plan was launched by Stalin with a main focus on boosting Soviet heavy industry; [256] it was finished a year ahead of schedule, in 1932. [257] The country underwent a massive economic transformation: [258] new mines were opened, new cities like Magnitogorsk constructed, and work on the White Sea–Baltic Canal ...
Industrial production as a result of the 5 Year Plans was also rapid. During the first 5 Year Plan for example, Cast Iron production reportedly saw a 188%, going from 3,300,000 tonnes to 6,240,000 tonnes a year. [40] In 1928, industrial output of electricity was 5,000,000,000 kW/h, rising to 13,000,000,000 kW/h by 1932, an increase of 270%.
Economy of India; Economy of Singapore; First Malaysia Plan; Five-year plans of Argentina; Five-year plans of South Korea; The Lucas Plan, an industrial plan which combined the theoretical understanding of aerospace designers and practice knowledge of workers to produce 150 alternative product designs.
Second Five-Year Plan may refer to: Second five-year plan of Argentina; Second Five-Year Plan (Bhutan) Second Five-Year Plan (China) Second Five-Year Plan (India) Second Five-Year Plan (Nepal) Second Five-Year Plans (Pakistan) Second Five-Year Plan (Romania) Second Five-Year Plan (South Korea) Second Five-Year Plan (Soviet Union) Second Five ...
While collectivization did not meet with much success, industrialization during the Great Break did. Stalin announced his first Five-Year Plan for industrialization in 1928. The goals of his plan were unrealistic – for example, he wished to increase worker productivity by 110 percent.