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  1. First Five Year Plan 
  2. Second Five Year Plan 
  3. Third Five Year Plan 
  4. Fourth Five Year Plan 
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1 Answers

Option 1 : First Five Year Plan 

Five Year Plan  Period  Salient Features 
First Five Year Plan  1951-56 The focus of the plan was on agriculture and this plan achieved the growth target of 3.6%
Second Five Year Plan  1956-61 The plan focused on industrial development and it was based on the Mahalanobis Model. The plan achieved 4.1% GDP growth. 
Third Five Year Plan  1961-66 Focus was both on agriculture and industry but it proved as a failure due to India-China War, drought etc. 
Fourth Five Year Plan  1969-74 The main objectives was to achieve sustainable growth with self-reliance.
  • First Five Year Plan was based on the Harrod-Domar model. The Harrod–Domar model is a classical Keynesian model of economic growth and is used in development of economics to explain an economy's growth rate. 
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