Achievements of the Fifth Five-Year Plan
- Agriculture grew at an annual growth rate of 4.58% while the target was 3.3%.
- It also saw greater industrial and general development. For example, the growth rate of industries was 6.8% and railway networks were made widespread.
- Employment growth was recorded in village areas and Khadi industries. It increased from 9.2 lakh in 1973-74 to 11.2 lakhs during 1979-1980.
- Around 78000 Gobar Gas plants were constructed under the fifth five-year plan.
- The number of enrollments in educational institutions was recorded to be 905 Lakhs.
- Water supply schemes largely benefited the rural areas.
Main Objective Of The Fifth Five-Year Plan
Five-year planning refers to planning measures in an economy in which certain goals and aims are pre-decided on a five-year basis to tackle and solve the central problems of the economy. In India, the Planning Commission undertook the mammoth task of five-year planning until 2015. This commission included the Prime Minister as its chairperson and several ministers and economists of the country. There have been 12 five-year plans in India each with different themes and objectives. However, the basic aim of these five-year plans remained on GDP growth and social welfare.