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Chapter 7 of 25
Concept Maps

Five Year Plans In India — Concept Maps

ICSE · Class 11 · Economics

4 concept maps of Five Year Plans In India for ICSE Class 11 Economics, each also written out as a text outline.

44 questions40 flashcards5 concepts

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4 Concept Maps

Five Year Plans in India — Complete Chapter Overview

Five Year Plans in India — Complete Chapter Overview

The map in words

  • Five Year Plans in India
    • Economic Planning
      • Definition
        • Utilisation of resources
        • As per national priorities
      • Characteristics
        • Definite time period
        • Central authority
        • Covers all sectors
        • Predetermined objectives
      • Mixed Economy
        • Combines Socialism and Capitalism
        • Adopted after independence
    • Origin and Development
      • 1936 Visvesvaraya
        • Planned Economy for India
        • Father of Indian Planning
      • 1938 Nehru Committee
        • National Planning Committee
      • 1943 Bombay Plan
        • Eight industrialists
      • March 1950
        • Planning Commission formed
      • April 1951
        • First Plan launched
    • Planning Objectives
      • Long Term 20 years
        • Growth
        • Modernisation
        • Self Reliance
        • Equity
      • Short Term 5 years
        • Plan specific goals
        • Vary from plan to plan
    • Twelve Five Year Plans
      • First 1951 to 56
        • Harrod Domar Model
        • Focus Agriculture
      • Second 1956 to 61
        • Mahalanobis Model
        • Heavy Industries
      • Fifth 1974 to 79
        • Garibi Hatao
        • Self Reliance
      • Eighth 1992 to 97
        • Rao Manmohan Plan
        • Liberalisation
      • Twelfth 2012 to 17
        • Last Five Year Plan
        • Inclusive Growth
    • Disruptions
      • Plan Holiday 1966 to 69
        • War with Pakistan
        • Foreign aid withdrawn
      • Rolling Plan 1978 to 80
        • Janata Government
        • Annual target revision
      • Annual Plans 1990 to 92
        • Political instability
        • Delayed 8th Plan
    • Achievements
      • National Income grew 6 percent
      • Capital formation 10 to 33 percent
      • Foodgrains 55 to 275 million tonnes
      • Literacy 18 to 73 percent
      • Life expectancy 44 to 68 years
    • Failures
      • Slow actual growth
      • Rising unemployment
      • Widening BOP deficit
      • Income inequalities increased
      • Regional imbalances
    • NITI Aayog
      • Established Jan 1 2015
      • Replaced Planning Commission
      • Think Tank role
      • Cooperative Federalism
      • Bottom up planning

Mind map showing six key characteristics of economic planning that guide how plans are formulated and implemented

Mind map showing six key characteristics of economic planning that guide how plans are formulated and implemented

The map in words

  • Economic Planning Characteristics
    • Welfare Oriented
      • Benefits all sections
      • Reduces inequality
    • Time Bound
      • Fixed duration
      • Periodic review
    • Centralized Control
      • Central authority
      • Unified decisions
    • Comprehensive
      • All sectors
      • All regions
    • Conscious Choice
      • Deliberate priorities
      • National goals
    • Expert Driven
      • Statisticians
      • Scientists
      • Technicians

Timeline showing key milestones in the development of economic planning in India from 1936 to 1951

Timeline showing key milestones in the development of economic planning in India from 1936 to 1951

The map in words

  • 1936
    • Visvesvaraya publishes Planned Economy
  • 1938
    • National Planning Committee formed
  • 1943
    • Bombay Plan submitted
  • 1944
    • Peoples Plan released
  • 1950
    • Planning Commission established
  • 1951
    • First Five Year Plan launched

Economic planning in India and the Five Year Plans as a system for development, growth, and social change

Economic planning in India and the Five Year Plans as a system for development, growth, and social change

The map in words

  • Economic planning in India and the Five Year Plans as a system for development, growth, and social change
    • Meaning of economic planning
    • Origin and development of planning in India
    • Planning objectives and plan objectives
    • Common goals of Indian planning
    • First Five Year Plan
    • Second Five Year Plan
    • Third Five Year Plan
    • Fourth Five Year Plan

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Frequently Asked Questions

What are the important topics in Five Year Plans In India for ICSE Class 11 Economics?
Key topics in Five Year Plans In India include Meaning and Nature of Economic Planning, Origin and Development of Plans in India, Planning Objectives and Plan Objectives, Common Goals of Planning in India. Study these first, then practise questions on each for Class 11 exams.
What do the concept maps for Five Year Plans In India show?
The 4 maps show how the ideas in Five Year Plans In India connect: Five Year Plans in India — Complete Chapter Overview; Mind map showing six key characteristics of economic planning that guide how plans are formulated and implemented. Each map is also written out as an outline on this page.
How should I revise Five Year Plans In India for Class 11 exams?
Learn the core ideas first, then work through the 44 practice questions on Five Year Plans In India. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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