MillenniumPost

A paradigmatic shift

1 April 2023 9:44 PM IST
While the success of the landmark 1991 economic reforms ensured that the Eighth Plan far exceeded its growth target, the parallel focus on human...

Ephemeral prosperity

25 March 2023 9:07 PM IST
Riding on technological innovations, the Seventh Plan surpassed its growth target through efficient utilisation of capital but also witnessed...

Taste of success

18 March 2023 9:31 PM IST
Implemented amid turbulent domestic and global situations, the twin sixth plan not just managed to achieve its growth target but also put a tab on...

Stumbling from the start

11 March 2023 7:34 PM IST
Fifth Five Year Plan’s fate was intercepted by deteriorating inflationary pressures and balance of payment situation, along with political instability...

Missing the mark

4 March 2023 9:50 PM IST
Due to a series of external shocks, neither the Fourth Plan could meet its ‘ambitious’ growth target nor could it ease the inflationary pressure —...

Relieving ‘holiday’ period

25 Feb 2023 8:30 PM IST
Following an unsuccessful Third Plan, the three Annual Plans provided a breather to the economy by envisaging the launch of Green Revolution,...

Economic Planning Series: Omnishambles implementation

20 March 2022 12:45 AM IST
Based on a ‘flawed logic’, and interspersed with two wars and a drought, the third plan — relying heavily on heavy industries and import substitution...

Economic Planning Series: Aiming at holistic development

12 March 2022 11:34 PM IST
Continuing with the socialist framework, the third plan aimed at attaining self-sufficiency in agriculture and continuing the expansion of industry,...

Economic Planning Series: Falling behind the targets

5 March 2022 11:35 PM IST
Disproportionate focus on heavy industries in the second plan served contrary to the core objective of generating employment through enhanced...

Economic Planning Series: Achievements & missed opportunities

27 Feb 2022 1:16 AM IST
Building on the success of the first plan, economic planners — emphasising on the socialist pattern — decided to rely on heavy industries for...

First-Five Year Plan: Buttressing primary pillars

20 Feb 2022 12:35 AM IST
Although the first Five-Year Plan well surpassed the goals it had set for agriculture and irrigation in the public sector, it left urban planning and...

Economic planning series: Roots of Five-Year Plans

12 Feb 2022 10:57 PM IST
Contrary to the norm in the West where market drove the allocation of resources, India preferred to go with centralised planning even before the...
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