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Question
What was the major thrust of the First Five Year Plan? In which ways did the Second Plan differ from the first one ?
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Solution
The First Five Year Plan was commenced in 1951 to be drafted by Young Economist.
K.N. Roy with the emphasis on poverty alleviation. Its main thrusts were as follows:
1. To invest in dams and irrigation to improve agricultural sector with the urgent attention.
2. Huge allocations were made for large scale projects like Bhakra-Nangal Dam.
3. It focused on land reforms for the development in rural areas.
4. It aimed to increase level of National Income.
The first five year plan differed from the second five year plan:
(a) The Second Five Year Plan stressed on heavy industrialisation.
(b) Second Five Year Plan wanted to bring quick structural transformation in all possible directions in place of slow and steady growth like First Five Year Plan.
