Five Year Plan (Panchvarshiya Yojana)
First five year p lan ( 1951 to 56) Model: Harrod domar model Theme: development of agriculture and irrigation Dam construction under five year plan: Bhakra Nangal Dam Hirakud Dam damodara Valley Dam Community development programme started in 1952 5 new IIT's establishment. Sindri fertilizer factory established in Jharkhand Target growth rate was 2.1 % and achieved 3.6 % Second five year plan (1956 to 61) Model: Prashant Chandra mahalanobis Theme: establishment of heavy and manufacturing industries 3 new Steel Plant established in the period of second five year plan First Durgapur Steel Plant with the hel p of Britain Second Rourkela Steel Plant with the help of Germany Third Bhilai Steel Plant with the help of Russia Integral Coach Factory established at koyambatoor diesel locomotive works established in Chitranjan West Bengal Target Growth rate was 4.5 % and achieved 4.2 % Third fi...