first-five-year-plan-1951-56

  • Launched on April 1, 1951
  • Based on the Harrod-Domar Model.
  • ==Agriculture== was the main priority
  • National income was 3.6% (it was targeted at 2.1%)
  • The per capita income growth rate was 1.8%
  • Dams like Bhakra, Hirakud, Mettur Dam and Damodar Valley are initiated during this time.