Planning in India

Planning in India First Plan (1951 – 56) Target Growth : 2.1 % Actual Growth 3.6 % It was based on Harrod-Domar Model. Influx of refugees, severe food shortage & mounting inflation confronted the country at the onset of the first five year Plan. The Plan Focussed on agriculture, price stability, power and transport It … Read more Planning in India

Poverty and Unemployment

Assessment of the growth experience: Poverty and Unemployment Poverty and unemployment are closely related High poverty has a multiplier effect on quality of life, deprivation, malnutrition, illiteracy and low human resource development. Poverty Poverty lines Normative nutritional requirement per person per day at some base point. This is debated 2400 cal (rural), 2100 cal (urban) … Read more Poverty and Unemployment