Fourth Five Year Plan 1969-74 Summary

Abstract

Planning in India was adopted nineteen years ago to organise the efficient exploitation of the resources o f the country, increase production and step up the tempo of economic activity in general and industrial development in particular to the maximum possible extent. The basic goal is a rapid increase in the standard of living of the people, through measures which also promote equality and social justice. Emphasis is placed on the common man, the weaker sections and the less privileged. It is laid down that planning should result in greater equality in income and wealth, that there should be progressive reduction of concentration of incomes, wealth and economic power and that benefits of development should accrue more and more to the relatively less privileged classes of society. In particular, the economic and educational interests of the Scheduled Castes and the Scheduled Tribes have to be promoted with special care.