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August 16, 2014

Strategies of Planning in India

6 comments

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Friends, in our previous post, we have discussed about the introduction of Planning in India. Today we shall learn about the Strategies of Planning.

Strategies of Planning

  • Harrod-Domar Strategy

    • First Five year Plan was based on this strategy.
    • This strategy emphasized the role of capital accumulation's dual character, which on the one hand increases the national income (demand side role) and on the other hand increases the production capacity (supply side role).

  • Nehru Mahalanobis Strategy 

    • Second and Third Five year Plans were based on this strategy.
    • Based on Russian experience, this strategy is a two sector model, i.e., consumer good sector and capital good sector.
    • This strategy emphasized investment in heavy industry to achieve industrialization for rapid economic development.

  • Gandhian Strategy 

    • It was enunciated by Acharya S. N. Agrawal in his 'Gandhian Plan' in 1944. The basic objective of the Gandhian Model is to raise the material as well as cultural level of the masses so as to provide basic standard of life.

  • LPG Strategy 

    • Liberalization, Privatization and Globalization (LPG) strategy of planning was introduced by the Finance Minister of that time, Dr. Manmohan Singh under Narsimha Rao Government.
    • The strategy ended the 'licence permit-raj' and opened the hitherto areas reserved for the public sector to private sector

  • PURA strategy

    • PURA stands for Providing Urban Amenities in Rural Areas and was the brainchild of APJ Abdul Kalam.
    • This strategy emphasis on four connectivities physical, electronic, knowledge and thereby leading to economic connectivity to enhance the prosperity of cluster of villages in rural areas.
That's all for now friends. In our next post we shall discuss about the Types of Plannings along with India's Vision 2020 of Planning Commission. Happy reading.

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6 comments:

  1. please upload last year's IBPS po,Clerk paper

    ReplyDelete
  2. mam can u pls tell me when will b the 2nd list of ipbs clerk announced???

    ReplyDelete
  3. Thanks .nice post.... N plz Upload about World Bank..

    ReplyDelete
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    1.Expand KVP-kisa vikas patra
    2.Expand ECB-external commercial borrowings
    3.World population day is on- july 11
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    5.Capital of Ethiopia-addis ababa
    6. Yuan is the currency of -chia
    7. Food processing minister-harsimrath kaur badal
    8.The accidental prime minister book was published by-sanjay baru
    9. Author of playing to win-saina nehwal
    10. Limit of ATM withdrawls in other banks-3
    11.Lowland -jhumpa lahari
    12. 2016 uber and thomas cups will be held in-china
    13- RBI maintains open market relationships to -to buy or sell govt bonds,to implement monetary policy(not sure for this)
    14- which of the following can be called "plastic money"-debit,credit card
    15. Credit rating in India is done by-crisil
    16.one question regarding socio economy-
    17. IOCL is going to open new project in which state-odisha
    18. Ramoji film city is located in -hyderabad
    19. Proposed money for BRICS bank-$100bn
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