JKSSB Paid Notes Class 6 – Economics | JKSSB Mock Test

📊 Introduction to Five Year Plans in India

1. Five Year Plans started in India in 1951.
2. Model Followed: Soviet-style central planning but adjusted for Indian needs.
3. Authority: Planning Commission (1950–2014) & later NITI Aayog (2015 onwards)
4. Total Plans Implemented: 12 Five Year Plans (1951–2017)
5. From 2017 onwards: India follows a Three-Year Action Plan, Seven-Year Strategy & Fifteen-Year Vision Document

🧠 SSC CGL: "Which country’s model influenced India’s Planning?" – USSR (Soviet Union)

🏢 Planning Commission of India (1950–2014)

1. Establishment: March 15, 1950 by Executive Resolution (Not a Constitutional Body)
2. First Chairman: Pandit Jawaharlal Nehru (PM was always Chairman)
3. Main Function: Drafting Five Year Plans & resource allocation
4. Key Role: Balanced growth of economy & poverty alleviation
5. Criticism: Over-centralization, Top-Down approach

💡 SSC CGL: "Who was the first Deputy Chairman of Planning Commission?" – Gulzarilal Nanda

🏛️ NITI Aayog (National Institution for Transforming India)

1. Established: January 1, 2015
2. Replaced: Planning Commission
3. Type: Policy Think Tank, Not involved in fund allocation
4. Chairperson: Prime Minister of India
5. Vice Chairperson: Appointed by PM (Currently Suman Bery)
6. CEO: B.V.R Subrahmanyam (As of 2025)
7. Main Focus: Cooperative Federalism, Bottom-up approach
8. Key Initiatives: Atal Innovation Mission, SDG Index, Aspirational District Program

📌 SSC MTS: "NITI Aayog replaced which body?" – Planning Commission

📅 Detailed Summary of Each Five Year Plan

1. 1st Five Year Plan (1951–1956)
   Focus: Agriculture, Irrigation, Land Reforms
   Model: Harrod-Domar Model
   Success: Achieved 3.6% growth (target was 2.1%)
   Key Schemes: Community Development Program (1952), National Extension Service (1953)
   
2. 2nd Five Year Plan (1956–1961)
   Focus: Industrialization, Public Sector Development
   Model: Mahalanobis Model (Heavy Industry Bias)
   Key Industries: Steel plants at Bhilai, Rourkela, Durgapur
   New Institutions: IITs, DVC, LIC Nationalization
   
3. 3rd Five Year Plan (1961–1966)
   Focus: Self-Sufficiency in Food, Defense Preparedness
   Challenges: Wars with China (1962) & Pakistan (1965), droughts
   Key Program: Green Revolution started
   
4. Plan Holiday (1966–1969)
   Reason: Economic Crisis post 3rd Plan failure
   Three Annual Plans: Rolling Plans to stabilize economy
   
5. 4th Five Year Plan (1969–1974)
   Focus: Growth with Stability & Self-Reliance
   Event: Nationalization of 14 Banks (1969)
   Slogan: "Garibi Hatao"
   
6. 5th Five Year Plan (1974–1979)
   Focus: Poverty Removal, Self-Reliance
   Program: Minimum Needs Program
   
7. 6th Five Year Plan (1980–1985)
   Focus: Poverty Reduction, Modernization
   Slogan: "Garibi Hatao 2.0"
   
8. 7th Five Year Plan (1985–1990)
   Focus: Employment Generation, Social Justice
   Program: Jawahar Rozgar Yojana
   
9. 8th Five Year Plan (1992–1997)
   Focus: Economic Reforms (LPG Policy)
   Event: New Economic Policy 1991
   Key Reform: End of License Raj
   
10. 9th Five Year Plan (1997–2002)
    Focus: Growth with Social Justice
    Event: Asian Financial Crisis
    
11. 10th Five Year Plan (2002–2007)
    Focus: Double per capita income, Poverty Reduction
    Growth: Target 8%, Achieved 7.8%
    
12. 11th Five Year Plan (2007–2012)
    Focus: Inclusive Growth
    Schemes: MNREGA, NRHM, Mid-Day Meal
    
13. 12th Five Year Plan (2012–2017)
    Focus: Faster, Sustainable, Inclusive Growth
    

💡 SSC CHSL: "Which plan is called the 'LPG Plan'?" – 8th Five Year Plan

🎯 Quick Revision - SSC Crackers

1. First Plan: Agriculture
2. Second Plan: Heavy Industry
3. Third Plan: Self-Sufficiency (Failed due to wars)
4. Fourth Plan: Bank Nationalization
5. Fifth Plan: Garibi Hatao
6. Sixth Plan: Modernization
7. Seventh Plan: Jawahar Rozgar Yojana
8. Eighth Plan: LPG Reforms
9. Ninth Plan: Social Justice
10. Tenth Plan: Poverty Reduction
11. Eleventh Plan: Inclusive Growth
12. Twelfth Plan: Sustainable Growth

📌 SSC GD/CHSL: "Which Five Year Plan started Green Revolution?" – 3rd Plan