Origin Five year plans were first introduced in the erstwhile Soviet Union in 1928 for controlled and rapid economic development. Much of the Soviet industrial successes are a result of the implementation of its five year plans. In 1950‚ India’s prime minister Jawaharlal Nehru‚ impressed by the Soviet system‚ adopted five year plans as a model for economic development‚ and established the Planning Commission which was to act independent of any cabinet and was answerable only to the Prime Minister
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Stalin’s five year plan was launched and approved by the Communist party in 1928. Visualizing a "revolution from above"‚ Stalin’s goal was the swift industrialization and collectivization of agriculture in the Soviet Union. Stalin believed that the Soviet domestic policy should stop being driven by capitalism and the New Economic Policy as soon as possible. In return‚ the Soviet Union would be transformed into an industrialized socialist state regardless of the cost involved in the process. The
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Five Year Plans in India Five Year Plans India at the time of independence was left with crippling economy by British‚ which needed attention and well planned strategies to boom again in the global market. The pioneers of the Indian government at then times formulated 5 years plan to develop the Indian economy. The five years plan in India is framed‚ executed and monitored by the PlanningCommission of India. Jawahar Lal Nehru was the chairman of the first PlanningCommission of India.
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First Five-Year Plan Report Delivered on January 7‚ 1933 -------------------------------------------------------------------------------Source: Works‚ Vol. 13‚ 1930 - January 1934 Long before the five-year plan appeared on the scene‚ in the period when we were finishing our struggle against the I The International Significance of the Five-Year Plan … II The Fundamental Task of the Five-year Plan and the Way to its Fulfillment We pass to the question of the essence of the five-year plan. What is the
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Eighth Five Year Plan of our country runs through the period from 1992 to1997. Prior to start of the plan‚ there was a period of economic instability in India and hence no five year plan was implemented during 1991-1992. In 1991‚ India faced a crisis in Foreign Exchange (Forex) reserves‚ left with reserves of only about US$1 billion. Thus‚ under pressure‚ the country took the risk of reforming the socialist economy. P.V. Narasimha Rao was the twelfth Prime Minister of the Republic of India and
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the 5 year plans in transforming Russian Industry in the years up to 1941? The 5 year plans were successful in transforming Russian industry in the years up to 1941. The 5 year plans were first introduced in 1928 as an attempt by Stalin to massively improve heavy industry and prepare the Soviet Industry for war. These were successful to an extent in terms of transforming Russian industry and they also had numerous social and political effects. Firstly‚ due to the focus of the five year plans being
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Curtis‚ Sierra Mrs. Dedrickson Honors English 9 21 March 2013 Stalin’s Five Year Plans Around 60 million people died in World War 2 (World War par.1). In the end‚ the Allied Powers won. What would have happened if America had lost? In August of 1939‚ Russia and Germany signed a nonaggression pact that kept Russia from entering the war on either side. It was not until June 22‚ 1941 that German forces invaded Russia. Russia almost fell to the Nazis and if such a thing had occurred the result
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ND T RA N B ME H RIC N EN PLA / 1 1 4/2 6 5-Year Strategic Marketing Plan Fiscal Years 11/12 to 15/16 2011 2012 2013 2014 2015 2016 Acknowledgements A committee of industry stakeholders contributed their expertise‚ insight and time to develop this Strategic Marketing Plan (the Brand Enrichment Plan)‚ which will guide the California Travel & Tourism Commission’s (CTTC) efforts over the next five years. The committee appointed various subcommittees to focus on strategies
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India’s 12th Five Year Plan to Focus on ‘Inclusive Growth’ Posted on Monday‚ April 25‚ 2011 by 2point6billion.com By Teja Yenamandra Planning Commission’s focus on instilling “inclusive growth” is making headway. The plan is expected to be one that encourages the development of India’s agriculture‚ education‚ health and social welfare through government spending. It is also expected to create employment through developing India’s manufacturing sector and move the nation higher up the value chain
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The economy of India is based in part on planning through its five-year plans‚ which are developed‚ executed and monitored by the Planning Commission. The tenth plan completed its term in March 2007 and the eleventh plan is currently underway.[1] Prior to the fourth plan‚ the allocation of state resources was based on schematic patterns rather than a transparent and objective mechanism‚ which led to the adoption of the Gadgil formula in 1969. Revised versions of the formula have been used since then
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