Mixed Economy - Both the Private sector and public sector
There are three types of sectors:
Primary sector, includes agriculture, forests, fishing and mining, Secondary Sector includes the activities like industrial activities in which natural products are changed turns into forms through ways of manufacturing that we associate with this type of sector and the third type of sector is Tertiary sector, it includes activities related to primary and secondary sector such as banking, insurance, trade and commerce IT, communications and so on.
NDC - National Development Council
In which year planning commission was set up/established - 15th March, 1950
WTO - world trade organisation, it is also known as Watch Dog for International Trade
In which year WTO was established - 1995
First plan (five year planning growth) from the year 1951 to 1956 - 3.6%
In which year First plan draft was prepared for India and by whom - 1934 & M. Visveswaraya
Bombay plan - 1943
Gandhian plan - 1944
People's plan - 1945
NDC- 1952
Sarvodaya plan - 1950 (prepared by Jayaprakash Narayan)
In First five year plan, highest priority given to agriculture sector and in this plan rivers such as Bakranangal, Hirakud, Damodar and Nagarjuna sagar project were initiated.
Mahalanobis-Nehru model also know as second Five year plan during 1956-61, in this plan more priority given to industrial sectors so it was enable to bring Bhilai steel(MP), Rourkela Steel plant in Orissa, Durgapur steel plant in West Bengal and also Integral Coach Factory at Perumbur in Tamilnadu.
3rd Five year plan - unsuccessful plan
4th Five year Plan is related to self reliance, employment, make sure to providing primary needs to the people, this plan is also know as Gadgil Plan and this plan was started in the year of 1969-74
5th Five year plan - 1974-79: reducing the poverty rate and this was introduced by Indira Gandhi-20 points programme also in this plan.
6th Five year plan - 1980-85: removal of poverty.
7th Five year plan - 1985-90 (Rajeev growth plan) and Many changes were brought by Sam Pitroda in IndIan Telecom sector.
Plan break - 1990 to 1992
8th Five year plan 1992 to 97- education, health and Nutrition
9th Five year plan - 1997 to 2002 - rural development and empowerment of women.
10th Five year plan (2002 - 2007) - this plan focused on Regional approach than sectoral approach
11th Five year plan - 2007 - 2012 : GDP growth, improvement of governance.
12th Five year plan during 2012 to 2017 - growth rate at 8.2%
There are three types of sectors:
Primary sector, includes agriculture, forests, fishing and mining, Secondary Sector includes the activities like industrial activities in which natural products are changed turns into forms through ways of manufacturing that we associate with this type of sector and the third type of sector is Tertiary sector, it includes activities related to primary and secondary sector such as banking, insurance, trade and commerce IT, communications and so on.
NDC - National Development Council
In which year planning commission was set up/established - 15th March, 1950
WTO - world trade organisation, it is also known as Watch Dog for International Trade
In which year WTO was established - 1995
First plan (five year planning growth) from the year 1951 to 1956 - 3.6%
In which year First plan draft was prepared for India and by whom - 1934 & M. Visveswaraya
Bombay plan - 1943
Gandhian plan - 1944
People's plan - 1945
NDC- 1952
Sarvodaya plan - 1950 (prepared by Jayaprakash Narayan)
In First five year plan, highest priority given to agriculture sector and in this plan rivers such as Bakranangal, Hirakud, Damodar and Nagarjuna sagar project were initiated.
Mahalanobis-Nehru model also know as second Five year plan during 1956-61, in this plan more priority given to industrial sectors so it was enable to bring Bhilai steel(MP), Rourkela Steel plant in Orissa, Durgapur steel plant in West Bengal and also Integral Coach Factory at Perumbur in Tamilnadu.
3rd Five year plan - unsuccessful plan
4th Five year Plan is related to self reliance, employment, make sure to providing primary needs to the people, this plan is also know as Gadgil Plan and this plan was started in the year of 1969-74
5th Five year plan - 1974-79: reducing the poverty rate and this was introduced by Indira Gandhi-20 points programme also in this plan.
6th Five year plan - 1980-85: removal of poverty.
7th Five year plan - 1985-90 (Rajeev growth plan) and Many changes were brought by Sam Pitroda in IndIan Telecom sector.
Plan break - 1990 to 1992
8th Five year plan 1992 to 97- education, health and Nutrition
9th Five year plan - 1997 to 2002 - rural development and empowerment of women.
10th Five year plan (2002 - 2007) - this plan focused on Regional approach than sectoral approach
11th Five year plan - 2007 - 2012 : GDP growth, improvement of governance.
12th Five year plan during 2012 to 2017 - growth rate at 8.2%
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