Second Five-Year Plan (1956–61)

URI: https://gptkb.org/entity/Second_Five-Year_Plan_(1956–61)
GPTKB entity
Statements (35)
Predicate Object
gptkbp:instanceOf gptkb:Five-Year_Plan
gptkbp:actualGrowthRate 4.27%
gptkbp:basedOn gptkb:Mahalanobis_model
gptkbp:country gptkb:India
gptkbp:currency gptkb:Indian_Rupee
gptkbp:emphasizedSector gptkb:government
heavy industry
gptkbp:endDate 1961
gptkbp:focus industrialization
gptkbp:followedBy Third Five-Year Plan (1961–66)
https://www.w3.org/2000/01/rdf-schema#label Second Five-Year Plan (1956–61)
gptkbp:influencedBy Soviet Union economic planning
gptkbp:majorChallenge food shortage
foreign exchange crisis
gptkbp:notableAchievement increased urbanization
expansion of public sector
increased inflation
increased employment
growth of heavy industries
increased imports
increased investment in infrastructure
gptkbp:notableProject gptkb:Durgapur_Steel_Plant
gptkb:Bhilai_Steel_Plant
gptkb:Rourkela_Steel_Plant
gptkbp:objective rapid industrialization
reduce inequalities
expand employment
increase national income
gptkbp:planningCommissionChairman gptkb:Jawaharlal_Nehru
gptkbp:precededBy gptkb:First_Five-Year_Plan_(1951–56)
gptkbp:primeMinister gptkb:Jawaharlal_Nehru
gptkbp:startYear 1956
gptkbp:targetGrowthRate 4.5%
gptkbp:bfsParent gptkb:early_Republic_of_India
gptkbp:bfsLayer 7