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9th Five Year Plan
Like all other Five Year Plans made so far, the 9th Five Year Plan (1997-2002) is formulated, executed and supervised by the Planning Commission.
In the Ninth Five Year Plan period from 1997 to 2002, the recorded rate of growth was merely 5.35%. However, this economic growth rate is a percentage point lesser than the GDP growth of 6.5% targeted during this period.
Evolution of the 9th Five Year Plans: Some facts
8th Five Year Plan
8th Five Year Plan commenced on 1992 and carried on till 1997. The basic objective of this period was the modernization of industrial sector. This plan focused on technical development. Through this plan the reduction of deficit and foreign debt was aimed at. The rectification of certain flawed plans and policies were also done under this five year plan. During this period only India received a coveted opportunity to become a member of the World Trade Organization on January 1st 1995.
Agricultural Activities During this Period
7th Five Year Plan Of India
7th Five Year Plan which covered a time span of another five years started on 1985 and went on till 1989. This Five Year Plan was the come back vehicle of the Indian National Congress Party into power. The primary aim of the five year plan was to upgrade the industrial sector and enable India to establish itself as one of the developed countries of the world. This Plan was released under the National Development Council of India.
Objective of the Five Year Plan
6th Five Year Plan Of India
6th Five Year Plan is also referred to as the Janata Government Plan and it was revolutionary since it marked a change from the Nehruvian model of Five Year Plans. The sixth five year plan has changed a lot of things in India. On one hand it had improved the tourism industry in India and on the other hand it aimed at development in the Information Technology sector.
4th Five Year Plan Of India
The 4th five year plan of India also served as a stepping stone for the economic growth. The following section will highlight the main events that had taken place under the 4th five year plan.
5th Five Year Plan Of India
The 5th Five Year Plan commenced on 1974 and extended till 1979.
Objective of the Fifth Year PlanThe objective of the 5th Five Year Plan was to increase the level of employment, reduce poverty and to attain self sufficiency in agriculture.
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