Programme Planning, Implementation and Evalution

PROGRAMME PLANNING, IMPLEMENTATION AND EVALUATION 2(1+1)

Lesson 25 : Concept of Five Year Plans

Formulation of plan

In July, 1951, the Planning Commission presented a draft outline of a plan of development for the period of five years from April, 1951 to March, 1956. The plan involved a number of development projects which had already initiated and others which were yet to start. Initially the Draft Plan consisted of two parts:

• First part involving an expenditure of Rs. 1,493 crores, for the projects which are to be implemented for sure and
• Second part with a proposal of expenditure of Rs. 300 crores, to be implemented only if external assistance was available.

Method of Plan Formulation

National Development Council