Economy Five Year Plans Summary

Five Year Plans Summary – RRB Quick Revision

Mnemonic: “1-2-3-4-5-6-7-8-9-10-12-None” → 1st to 12th Plan + NITI Aayog era (no 13th)


1. Timeline & Core Theme

Plan Years Tag-line / Focus GDP Growth Target Actual
1st 1951-56 Agriculture & Irrigation 2.1 % 3.6 %
2nd 1956-61 Industrial base (Steel) 4.5 % 4.2 %
3rd 1961-66 Self-reliance 5.6 % 2.8 % (war/drought)
Plan Holiday 1966-69 Annual Plans
4th 1969-74 Growth w/ stability “Garibi Hatao” 5.7 % 3.3 %
5th 1974-79 Poverty removal (minimum needs) 4.4 % 5.0 % (ended early – 1978)
Rolling 1978-80 Janata Plan (oil shock)
6th 1980-85 Poverty & Employment 5.2 % 5.5 %
7th 1985-90 Food-Work-Productivity 5.0 % 6.0 %
Annual 1990-91 Crisis stabilization
8th 1992-97 Human development + Reform 5.6 % 6.8 %
9th 1997-02 “Growth w/ Social Justice” 6.5 % 5.5 %
10th 2002-07 “Towards faster, more inclusive” 8.0 % 7.7 %
11th 2007-12 “Inclusive growth” 9.0 % 8.0 %
12th 2012-17 “Faster, Sustainable, More inclusive” 8.0 % 7.1 %
After 2017 NITI Aayog 3-year Action Plans (no 13th)

2. Quick Facts to Memorise

  • Longest Plan: 6th (5 yrs) → shortest effective was 5th (ended 1978)
  • Highest actual growth: 8th Plan (6.8 %)
  • Lowest actual: 3rd Plan (2.8 %)
  • First Plan chair: Jawaharlal Nehru (also Set-up Planning Commission 1950)
  • Plan Holiday: 3 Annual Plans (1966-69) after 3rd Plan failure
  • Rolling Plan concept introduced by: Janata Govt (1978-80)
  • Disinvestment policy started: 1991 → reflected in 8th Plan
  • NITI Aayog replaced Planning Commission: 1 Jan 2015 (no 13th Plan)

3. Sector-Special Snapshots

Plan Flagship Scheme / Project
1st Bhakra-Nangal, Hirakud dams; Community Development
2nd Steel plants (Bhilai, Durgapur, Rourkela)
3rd 3 IITs (Bombay, Kanpur, Madras)
5th Integrated Rural Employment Programme (IREP)
6th National Rural Employment Programme (NREP) → later MGNREGA roots
8th Pradhan Mantri Gram Sadak Yojana (PMGSY) launched
11th MGNREGA expanded; Right to Education (2010)
12th Direct Benefit Transfer (DBT), Digital India seeding

4. Memory Tricks

  • “A-B-C-D-E” of 1st-5th Plans:
    A – Agriculture (1st)
    B – Basic & Heavy Industries (2nd)
    C – Crisis & self-reliance (3rd)
    D – Drought → Plan Holiday
    E – Eliminate poverty (5th)

  • 8-9-10-11 = Growth rate keeps jumping 6→7→8 % (approx.)


5. Likely RRB MCQs

Q1. Which Five-Year Plan is also called “Gadgil Yojana”? Ans. 3rd Five-Year Plan (1961-66)
Q2. The Planning Commission was set up in ______ by a resolution of the Government of India. Ans. 15 March 1950
Q3. The slogan “Garibi Hatao” was associated with which Plan? Ans. 4th Five-Year Plan
Q4. First Plan emphasized on which sector the most? Ans. Agriculture & Irrigation
Q5. Which Plan recorded the highest actual average annual GDP growth? Ans. 8th Plan (6.8 %)
Q6. The term “Inclusive Growth” was explicitly used for the first time in which Plan document? Ans. 11th Five-Year Plan
Q7. After which Plan was the Planning Commission dissolved? Ans. 12th Plan (dissolved before 13th)
Q8. During which Plan was the New Economic Policy (Liberalization) introduced? Ans. 8th Plan (1992-97)
Q9. The concept of “Rolling Plan” was introduced during which government? Ans. Janata Party Government (1978-80, between 5th & 6th)
Q10. Who was the last Deputy Chairman of the Planning Commission? Ans. Montek Singh Ahluwalia

Last-day tip: Just remember 1-2-3-4-5-6-7-8-9-10-12 → no 13th. Highest growth = 8th; Agriculture = 1st; Inclusive = 11th. Good luck!