Sixth Five Year Plan 1980-85 (Mid-term Appraisal)

Abstract

The work of preparation o f the Sixth Five Year Plan covering the period 1980—85 was taken up in April 1980. The Plan was approved by the National Development Council in February 1981 and presented to Parliament and the nation. Three years of the Plan have now been completed. A mid-term appraisal o f a Five Year Plan is normally conducted half-way through its progress. Thus, the mid-term appraisal o f the Sixth Five Year Plan 1980—85 should have been presented sometime towards the latter half o f 1982. As is know'll, however, adverse weather in the kharif season o f 1982 affected agricultural production, which is by far the most important component o f the economy. The prospects for growth in 1982-83, together with the likely impact on savings, resources, and investments that would be available over the balance o f the Plan period had therefore to be carefully assessed. This has taken some time. In the result, the mid-term appraisal now covers the progress of the first three years o f the Plan.