when was the first five year plan started in india
Five-Year Plans of India The first Indian Prime Minister, Jawaharlal Nehru presented the First Five-Year Plan to the Parliament of India and needed urgent attention. The First Five-year Plan was launched in 1951 which mainly focused in development of the primary sector. The First Five-Year Plan was based on the Harrod–Domar model with few modifications.
First five-year plan The Soviet Union entered a series of five-year plans which began in 1928 under the rule of Joseph Stalin. Stalin launched what would be referred as a "revolution from above" to improve the Soviet Unionâ€™s domestic policy, more importantly centered around rapid industrialization and secondly, the collectivization of agriculture. His desire was to rid the country of all record that capitalism once existed there under the New Economic Policy.