For the benefit of the readers & researchers, Academic Foundation has brought out this publication bringing at one source all the ten documents of Five Year Plans (Planning Commission, Govt. of India). While Volume I of the Tenth Five Year Plan, covering: Perspective, Objectives and Strategies, Macro-economic Dimensions, Employment Perspective, Governance and Implementation, Disaster Management, Policy Imperatives and Programmatic Initiatives - is included in this book, the complete Tenth Plan document (in 3 volumes) along with the other nine documents of the earlier Five Year Plans (around 10,000 pages) are given in the accompanying CD-Rom, in order to make the publication handy. Needless to say, the user-friendly CD-Rom offers inbuilt search facility, easy print-out option, along with other usual advantages associated with the digital media.

The Planning Commission played a crucial role in the type of development that India followed after independence. However, even though most economic analyses of India mention the five-year plans, the Planning Commission as an institution remains little studied. This is why this book proposes to look backward, examining the history of the idea of planning and the history and experience of planning in India. It also looks forward, trying to evaluate, beyond ideologies, which role the practice of planning has and should have in contemporary India. It then proposes that the NITI Aayog, the think tank founded on 1st January 2015 after the demise of the Planning Commission, could learn from this experience. This book addresses three leading questions: why plan economic development? How to plan? And what exactly can/should be planned? These questions are interrelated and the contributors of this volume, each with their own focus, propose elements of replies.

The debate around growth has been an important feature of economic planning in India since Independence. This book deals with the wide range of issues related to the country's growth and development between 1951 and 2011, covering the 11 Five Year Plans formulated and implemented during this period, as well as in the decade after that. The author traces the changing nature of planning over time-from rigid state control on economic activities, to reliance on market-based planning in the time of economic reforms. He has dealt with the transition from growth measures in the 1970s, to the use of a mix of growth and redistribution in the 1980s, and the economic reforms and liberalization measures from 1991 onwards, and the inclusive growth we have seen in the twenty-first century. The central theme of the book is to analyse the role that planning played in maximizing the rate of economic growth and in improving the living standards of the people. Considering India's rapidly changing socio-economic environment, many of the issues around growth and development are contentious. The author discusses them here with academic rigour and an insider's insight, thus enabling a fair assessment.

Economic planning in India. Political aspects, public administration and economic administration. Comment on the 3 national plans. Roles of private enterprises, public enterprises and production cooperatives. Organisation and administrative aspects of the government planning commission. Economic administration.

Jagdish Bhagwati, one of the world's leading economists, offers a fascinating overview of the policies that produced India's sorry economic performance over a third of a century. His analysis puts into sharp focus the crippling effects of the inward-looking, bureaucratic regime that grew to Kafkaesque dimensions, starting in the early 1950s. It provides therefore a coherent and convincing rationale for the economic reforms begun in June 1991 by the new government of PrimeMinister Rao. These reforms, also discussed by Professor Bhagwati, are thus set into historical and analytical perspective. Written with wit and elegance, this text of the 1992 Radhakrishnan Lectures at Oxford is readily accessible to a wide readership.

Explaining how the Eleventh Plan made significant changes from past practices by using multiple economic models to study the impact of global issues on India, this compilation of essays by the relevant model makers addresses analytical questions concerning India's economy. Looking at growth rate, oil consumption, global growth, and resources, six models with different analytical approaches are examined. Detailed and technical descriptions are given throughout the essays, and scenarios that were developed by the models are used to address further questions.