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State any two differences between the First Five Year Plan and the Second Five Year Plan. - Political Science

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Question

State any two differences between the First Five Year Plan and the Second Five Year Plan.

Answer in Brief

Solution

The First Five-Year Plan (1950–1956) sought to improve the country’s economy and thus looked after improving the agrarian sector which included dams and irrigation.

The Second Five-Year Plan (1956–1961) stressed on development of the heavy industries. Hence, while the first plan taught patience, the second plan wanted to bring about quick structural transformation.

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State the main arguments in the debate that ensued between industrialisation and agricultural development at the time of the Second Five Year Plan.


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Read the following passage carefully and answer accordingly.

The Second Five Year Plan stressed on heavy industries. It was drafted by a team of economists and planners under the leadership of P.C. Mahalanobis. 

If the first plan had preached patience, the second wanted to bring about quick structural transformation by making changes simultaneously in all possible directions. 

Before this plan was finalized, the Congress party at its session held at Avadi near the then Madras city, passed an important resolution. It declared that ‘Socialist pattern of society’ was its goal. 

This was reflected in the Second Plan. The government imposed substantial tariffs on imports in order to protect domestic industries. Such a protected environment helped both public and private sector industries to grow. 

As savings and investment were growing in this period, a bulk of these industries like electricity, railways, steel, machinery and communication could be developed in the public sector. Indeed, such a push for industrialisation marked a turning point in India’s development.

Who drafted the Second Five Year Plan?


Read the following passage carefully and answer accordingly.

The Second Five Year Plan stressed on heavy industries. It was drafted by a team of economists and planners under the leadership of P.C. Mahalanobis. 

If the first plan had preached patience, the second wanted to bring about quick structural transformation by making changes simultaneously in all possible directions. 

Before this plan was finalized, the Congress party at its session held at Avadi near the then Madras city, passed an important resolution. It declared that ‘Socialist pattern of society’ was its goal. 

This was reflected in the Second Plan. The government imposed substantial tariffs on imports in order to protect domestic industries. Such a protected environment helped both public and private sector industries to grow. 

As savings and investment were growing in this period, a bulk of these industries like electricity, railways, steel, machinery and communication could be developed in the public sector. Indeed, such a push for industrialisation marked a turning point in India’s development.

What was anticipated from Second Five Year Plan?


Read the following passage carefully and answer accordingly.

The Second Five Year Plan stressed on heavy industries. It was drafted by a team of economists and planners under the leadership of P.C. Mahalanobis. 

If the first plan had preached patience, the second wanted to bring about quick structural transformation by making changes simultaneously in all possible directions. 

Before this plan was finalized, the Congress party at its session held at Avadi near the then Madras city, passed an important resolution. It declared that ‘Socialist pattern of society’ was its goal. 

This was reflected in the Second Plan. The government imposed substantial tariffs on imports in order to protect domestic industries. Such a protected environment helped both public and private sector industries to grow. 

As savings and investment were growing in this period, a bulk of these industries like electricity, railways, steel, machinery and communication could be developed in the public sector. Indeed, such a push for industrialisation marked a turning point in India’s development.

What goal was declared by the Congress Party at the session held at Avadi?


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