First Five-Year Plan
The First Five-Year Plan was an economic initiative launched by the government of India in 1951. Its primary goal was to promote rapid industrialization and improve agricultural productivity. The plan aimed to reduce poverty and increase national income through targeted investments in key sectors.
Implemented from 1951 to 1956, the plan focused on developing infrastructure, such as roads and irrigation systems, while also establishing public sector enterprises. The Planning Commission of India oversaw the plan's execution, which laid the foundation for future economic strategies and aimed to transform the country into a self-sufficient economy.