1.

The following are the concepts developed during the implementation of Five Year Plans in India. Expand the concepts.1. Plan and Non Plan.2. Plan Holiday .

Answer»

Plan and Non Plan:

Through planning, the India Government worked out the income and expenditure accounts for the next two years. Normally the Central Budget and the State Budget include two parts Planned and Non planned. The. expenditure that comes every year in a recurring manner comes under the Unplanned Section whereas the schemes and amounts to be spent on them in the coming five years, on a priority basis, come under the Planned Section.

Plan-Holiday:

In 1951 when the Plan was started, the country was full of doubts and anxieties. During the 2nd Five Year Plan that started in 1956, these doubts and anxieties further increased and they remained so until the 3rd FYP of 1961. Later Planning lost its thrill and there was an interval. This interval is known as Plan Holiday.



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