Q:- In which year was the first five year plan started in India?
-> 4 April 1951...
The launching of the First Five Year Plan in April 1951 initiated a process of planned economic development of the country—aiming not merely at raising the standard of living of the people, but also opening out to them new opportunities for a richer and a more varied life. 
This was sought to be achieved by planning for growth and social justice.
The first five year plan India (1951-1956) had been presented by the then Prime Minister Jawaharlal Nehru in the Indian Parliament on 8th December, 1951. The total plan budget was estimated to be 206.8 billion INR. This amount was allocated to various areas like:-
1) Industry, 2) Social services, 3) Land rehabilitation, 4) Energy and irrigation, 5) Communications and transport, 6) Community and agriculture development.
The target of GDP growth in the first five year plan of India was 2.1% per year and the actual growth of GDP that was achieved had been 3.6% per year. Many irrigation projects were initiated during this period, including the Bhakra Nangal Dam and Hirakud Dam. At the end of the plan period in 1956, five Indian Institutes of Technology (IITs) were started as major technical institutions.
This was sought to be achieved by planning for growth and social justice.The first five year plan India (1951-1956) had been presented by the then Prime Minister Jawaharlal Nehru in the Indian Parliament on 8th December, 1951. The total plan budget was estimated to be 206.8 billion INR. This amount was allocated to various areas like:-
1) Industry, 2) Social services, 3) Land rehabilitation, 4) Energy and irrigation, 5) Communications and transport, 6) Community and agriculture development.
The target of GDP growth in the first five year plan of India was 2.1% per year and the actual growth of GDP that was achieved had been 3.6% per year. Many irrigation projects were initiated during this period, including the Bhakra Nangal Dam and Hirakud Dam. At the end of the plan period in 1956, five Indian Institutes of Technology (IITs) were started as major technical institutions.
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