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INDIAN ECONOMY SHORTCUTS Tricks
FIVE YEAR PLANS Learning Best Short Tricks
♻ FIRST FIVE YEAR PLAN♻
(1951 -56)
TRICK: SIPCOT
S – SOCIAL SERVICE
I – INDUSTRY
P – POWER
Co – Communication
T – Transport
♻ SECOND FIVE YEAR PLAN♻
(1956 -61)
TRICK : MADRAS
M – Mahalanobis Model
A – Atomic Energy Commission
D – Durgapur steel company, Tata Inst of Fundamental Research
R – Rourkela Steel Company, Rapid Industrialisation
A – Agriculture
S – Socialistic Pattern of Society
♻ Third five year plan ♻
(1961-66)
TRICK : SAD
S – Self Reliance
A – Agriculture
D – Development of Industry
♻ Fifth five year plan♻
(1974-79)
TRICK : PSTM (Persons Studied in Tamil Medium)
P – Poverty Eradication
S – Self reliance
T – Twenty Point Programme
M – Minimum Need Programme
♻ Sixth five year Plan♻
(1980-85)
TRICK : MAIL
M – Management
A – Agriculture production
I – Industry production
L – Local Development Schemes
♻ Seventh Five year plan♻ (1985-90)
TRICK : EFGH (the alphabets)
E – Employment generation
F – Foodgrain production was doubled
G – Jawahar Rozgar Yojana (1989)
H – Hindu rate of Growth
♻ Eighth Five year plan♻ (1992-97)
TRICK : LPG
L – Liberalisation
P – Privatisation
G – Globalisation
♻ Ninth five year plan♻ (1997-2002)
TRICK : ESPN
E – Employment for Women, SC’s and ST’s
S – Seven Basic minimum service
P – Panchayat Raj Institutions, Primary Education, Public Distribution System
N – Nutrition Security
♻ Eleventh five year plan♻
(2007 -2012)
TRICK : TEACHERS
T – Telecommunicatons (2G)
E – Electricity, Environment Science
A – Anemia
C – Clean water
H – Health education
E – Environment Science
R – Rapid growth
S – Skill Development