Explain the 5-year plans in terms of employment generation in India since independence.
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India’s 5-year plans, also known as the Five-Year Plans, are a series of national development plans designed to promote economic growth, reduce poverty, and improve the quality of life for the Indian population. Since independence in 1947, India has implemented several 5-year plans to achieve these goals. Here’s an overview of the employment generation aspect of each plan:
First Five-Year Plan (1951-1956)
Second Five-Year Plan (1956-1961)
Third Five-Year Plan (1961-1966)
Fourth Five-Year Plan (1969-1974)
Fifth Five-Year Plan (1974-1979)