Indian Economy

Economic Planning-Rolling Plan (1978 – 1980)

The Bharatiya Janata Party rejected the Fifth economic plan and constructed the sixth economic plan; however it was also cancelled by the Congress government in the year of 1980. In 1977, the “Indian planning commission” introduced the Rolling plan against the fifth economic plan, which was not effective in international and domestic economics.  The major

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Indian Economy, SSC

Economic Planning-Plan Holiday (From 1966 – 1967 to 1968 – 1969)

Plan Holiday of economic planning is also known as the Three Annual plan in which development plans and strategies were made on an annual basis. In these plans, vital priorities were given to the agriculture sector and industrial sector of India. Plan Holiday was developed due to the miserable failure of the Third Five Year

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Indian Economy, SSC

Economic Planning-Fourth Five Year Plan (1969 – 1974)

Economic planning is important for any country to promote the growth and development of the country. A proper economic plan helps the country to implement proper action in the resource utilization part that impacts the Indian economy. There importance of economic planning among which the most beneficial features of the Indian economy plan is to

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Indian Economy, SSC

Economic Planning-Eighth Five Year Plan (1992 – 1997)

The Eighth five-year plan targeted a transition of an economy that was managed through central strategies to a market-centric economy. This was achieved through planned efforts and meticulous strategies.  There exist various dimensions of the Eighth five-year plan, these are procurement and proper estimating of the various heads of finance, properly planned allocation of the

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Indian Economy, SSC