Third Five Year Plan India

The third five year plan India (1961-1966) intended to make a more determined effort to develop the nation, carrying forward the legacy set by the previous two five year plans.

These five year plans are formulated by the planning commission, the aim of which is to increase the quality of life of the citizens through effective use of the country's resources.

The various tasks of the third five year plan India are:

To increase the national income by 5% per year
To increase the production of agriculture so that the nation is self sufficient in food grains
To provide employment opportunities for every citizen of the country
To establish equality among all the people of the country

In the earlier 2 five year plans, agriculture was not given a great deal of importance in spite of the fact that India's economy is still primarily agrarian. But in the third five year plan of India, more stress had been given to agriculture because increase in agricultural production would lead to the growth of the Indian economy. Sufficient sops and subsidies were allowed by the government for the agricultural sector under the third five year plan of India.

In an effort to invite increased state participation to the India third five year plan, more responsibility was given to the states. Also, various organizations such as the Panchayat and Zila Parishads were set up at the block and district level in order to increase rural development. In India, the third five year plan have also laid emphasis on soil conservation, irrigation, afforestation, and dry farming. Many fertilizer and cement plants were built during the period of the third five year plan India. Stress had been given to the development of social services and education in India.

The third five year plan in India had, to a large extent, improved the quality of life of Indian citizens, and played a crucial role in the growth and development of the country.

Last updated on 4/28/2011