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The fourth five-year plan was replaced with the nationalisation programme which featured an intense level of government-ownership management on private entities. Only scientific aspects of fourth five-year plans were adopted in a view to turn Pakistan into a major "scientific superpower" in the world. [18]
Five-Year Plans of India. From 1947 to 2017, the Indian economy was premised on the concept of planning. This was carried through the Five-Year Plans, developed, executed, and monitored by the Planning Commission (1951–2014) and the NITI Aayog (2015–2017). With the prime minister as the ex-officio chairman, the commission has a nominated ...
The Fourth Five-Year Plan(1970–75) increased proposed expenditures to more than Rs3.3 billion. Transportation and communications again were the top priority, receiving 41.2 percent of expenditures, followed by agriculture, which was allocated 26 percent of the budget.
Fourth Five-Year Plan may refer to: Fourth five-year plan of Bhutan. Fourth five-year plan of China. Fourth five-year plan of India. Fourth five-year plan of Nepal. Fourth five-year plan of Pakistan. Fourth five-year plan of Romania. Fourth five-year plan of South Korea. Fourth Five-Year Plan (Soviet Union)
The Gadgil formula is named after Dhananjay Ramchandra Gadgil, a social scientist and the first critic of Indian planning. It was evolved in 1969 for determining the allocation of central assistance for state plans in India. Gadgil formula was adopted for distribution of plan assistance during Fourth and Fifth Five Year Plans.
The government was even able to exceed the targeted growth figure with an annual growth rate of 5.0–5.2% over the five-year period of the plan (1974–79). [ 1 ] [ 4 ] The economy grew at the rate of 9% in 1975–76 alone, and the Fifth Plan, became the first plan during which the per capita income of the economy grew by over 5%.
The initial five-year plans aimed to achieve rapid industrialization in the Soviet Union and thus placed a major focus on heavy industry. The first five-year plan, accepted in 1928 for the period from 1929 to 1933, finished one year early. The last five-year plan, for the period from 1991 to 1995, was not completed, since the Soviet Union was ...
The Five-Year Plans (Chinese: 五年计划; pinyin: Wǔnián Jìhuà) are a series of social and economic development initiatives issued by the Chinese Communist Party (CCP) since 1953 in the People's Republic of China. Since 1949, the CCP has shaped the Chinese economy through the plenums of its Central Committee and national party congresses.