• 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.