India : Sixty Years of Planned Economic Development - 1950 to 2010

Contents: I. Resources and economic planning in India: 1. Human and natural resources of India. 2. Principles of economic planning. 3. Institutional framework of economic planning in India. 4. Assessment of India\'s experience with economic planning. II. Summary of each Five Year Plan (First Plan to Eleventh Plan): 5. First Five Year Plan: 1951-52 to 1955-56. 6. Second Five Year Plan: 1956-57 to 1960-61. 7. Third Five Year Plan: 1961-62 to 1965-66. 8. Fourth Five Year Plan: 1969-70 to 1973-74. 9. Fifth Five Year Plan: 1974-75 to 1978-79. 10. Sixth Five Year Plan: 1980-81 to 1984-85. 11. Seventh Five Year Plan: 1985-86 to 1989-90. 12. Eighth Five Year Plan: 1992-93 to 1996-97. 13. Ninth Five Year Plan: 1997-98 to 2001-2002. 14. Tenth Five Year Plan: 2002-03 to 2006-27. 15. Eleventh Five Year Plan: 2007-08 to 2011-12. III. Statistics on the Indian economy: 1950-51 to 2009-10: 1. National income, savings and growth rates. 2. Agriculture. 3. Industry. 4. Government finances. 5. Money and prices. 6. Finance and banking. 7. Employment and labour. 8. Foreign trade. IV. Glossary of economic planning and list of English equivalents of select Hindi terms used in plan documents: Glossary of economic planning. List of English equivalents of select Hindi terms. Used in plan documents. Bibliography. Index.

"The resource base of country consists of (a) human resources, (b) non-renewable resources which are an endowment of nature and whose total size gets depleted with time and (c) renewable resources which can be continuously created and whose base can be expanded through human efforts.

Economic planning is concerned with the effective and optimal utilisation of the potential resources of an economy. This is particularly so in the context of underdeveloped countries which are striving to raise the standard of living of the masses. In fact, planning is a process aiming not merely at the best utilisation of material resources but also at the development of human faculties and institutional framework suitable to the needs and aspirations of the people.

The establishment of planning Commission in 1950 heralded a new era in the economic history of India. It makes an assessment of the material, capital and human resources of the country, including technical personnel and investigates the possibilities of augmenting such of these resources as are found to be deficient in relation to the nation\'s requirement. It, then, formulates a plan for the most effective and balanced utilization of the country\'s resources. India\'s First Five Year Plan was launched on April 1, 1951. Since then, ten Five Year Plans have been completed and the Eleventh Five Year Plan (2007-08 to 2011-12) is underway.

Part I of the book deals with human and natural resources of India, principles of economic planning, institutional framework of economic planning in India, and assessment of India\'s experience with economic planning. 

Part II provides summary of each Five Year Plan. Part III contains sector wise statistics on the Indian economy from 1950-51 to 2009-10. Part IV of the book comprises glossary of economic planning and a list of English equivalents of select Hindi terms used in Plan documents." (jacket)  No. 71681