What were the targets of the 2nd Five Year Development Plan?
Difficulty: Easy
The Second Five Year Plan (1960-65):
With the termination of the First Plan Period (1955-60), the Second Five Year Plan was prepared. Following were the main objectives and targets of this Plan.
- To attain an increase in national income by 24 per cent.
- To achieve an increase of about 10 per cent in per capita income.
- To provide the opportunities for employment to 2.5 million people.
- To get an increase of 14 per cent in agricultural output.
- To increase industrial production up to 14 per cent in large scale as well as medium scale industries
- To increase the industrial production of Cottage and small-scale industries up to 25 per cent.
- To increase exports at the rate of 3 per cent annual increase.
Sponsored Ads