![]() |

recent comments
Mounica
on Volunteers needed in Bangalore to write exams for blind students
Hi am Mounica, postgraduate currently housewife 4m chennai would like to help needy in writg exams...
suresh n
on Project SEAM of Ministry of Rural Development, Government of India...
Technopak is big Cheating in Karnataka. What has done Skill for employment in Apprel manufacturing...
suresh n
on Project SEAM of Ministry of Rural Development, Government of India...
TECHNOPAK IS BIG CHEATED COMPANY
The Implementing...
kummara vamsi
on LIC Scholarships for College Students
SIR, I secured 97.4% in my intermediate.I want to study b.tech course but we dont have that much...









Comments
1. Agriculture sector: From the proposed allocation to various fields of development, it is evident that top priority is given to agriculture including the village aid. It was estimated that with the public expenditure of Rs. 150.5 crore in agriculture, there will be 9% increase in food grains and large increases in cotton oilseeds, sugar cane, fruits and vegetables. In the village Aid Programme, it was envisaged that 5000 village works will be trained and posted to about, 26000 village for creating a new spirit among the people living in the villages.
2. Water and power Development: The allocation in water and power development sector was 28.8% of the total expenditure. It was expected that by the end of plan period, 15 lakh more acres of new land will be brought under cultivation and 35 lakh acre will have an improved water supply or reclaimed salinity and water logging. In both wings of the country, the electricity supply was expected to rise from 2.80 lakh to about 8.50 lakh at the end of the plan.
3. Industry: The plan aimed at maintaining a balance between agriculture and industry. It was expected that the production of large scale industries would increase by about 75% during the plan period. In Textile, the expected increase was 38% in jute goods, 715 in Engineering, 35% in sugar, 104% in cement, and 91% and in Cigarettes 125.
4. Transport and Communication: A sum of rate 166.6 crore was allocated on the rehabilitation and replacement of railway track and rolling stock. In addition, the expansion of telephone, telegraph and broad casting facilities were a part of the development programmes.
5. Housing and Settlement: The plan aimed at providing 2.50 lakh new housing units in urban areas, out of which 1.20 lakh were be set aside for the refugees.
6. Education and Training: it was proposed that the education facilities should be expanded at all levels, technical, vocational and professional in the country over the plan period. There should be an increase of at least 10 lakh school going children and 1600 engineers and technicians would be turned out each year by the end of the plan period.
7. Health: In the field of health, highest priority was given to preventive measure. The number of beds in hospital dispensaries was to rise from 23000 to 32000 at the end of the plan period.
8. Labour and Employment: the plan gave priority to the provision of facilities to the labour. These were also an assurance of support for trade unions and collective bargaining.
4. Resources for Development: the planning Board prepared the plan keeping in view the resources likely to be available to the country. Reliance was made mainly on domestic for financing development. The following table illustrates the source of development finance 1955-60:
Dr MalikIqbal Iqbal Hussain
year 1958, there was again a change in the planning set up. The status of the planning board was raised to that of planning commission with the chief executive of the country as the chairman of the planning with commission. The commission had also a deputy chairman with the ex-officio status of a cabinet minister. In the entire history of planning commission except for nearly seven years, it has been headed by a member of the civil service rather by a professional economist. The commission has two members and a staff of senior officers including secretary planning, chief economist, joint chief economist, secretary to the commission. In addition to the above posts, there were chiefs of various sections, industry, agriculture water and power etc.
The First Five Year Plan
The first five year plan 1955-60 of Pakistan was prepared by the planning board in 1955. It was published in May, 1956 for eliciting public opinion. In the light of suggestion received from the private and official sources, the draft plan was revised and approved by the council on April 15, 1957.
1. Size of the plan: The total development expenditure of the revised plan (1955-60) was estimated at Rs. 1,080 crore. Out of this total outlay Rs. 750 crore were to be spent in public sector and Rs. 350 crore in the private sector.
2. Objectives of the plan: The main objectives to be achieved during the period of plan were:-
(1) To raise the national income and the standard of living of the people.
(2) To improve the balance of payment of the country by increasing export and by production of the substitutes for imports.
(3) To increase the opportunities for usual employment in the country.
(4) To make steady progress in providing social services, housing, education, health, social welfare.
(5) To increase rapidly the rate of development, especially in the former East Pakistan and other relatively less developed areas.
Dr Malik Iqbal Hussain
Pakistan Rural Institutional Organization has started working on the Economy of Pakistan and its research Unit has prepared Report on the First five Year plan which was proved great Lesson to economics of Pakistan, wherefrom we deduce to what extent we achieved our goals .
Dr Malik Iqbal Hussain President (PRIME )
1. PLANNING MACHINARY IN PAKISTAN
The government of Pakistan, just after partition, took up the work of establish the institution of planning in the country. It set up a Development Board in early 1948 with a view to promote economic growth and guide socio-economic development in the shortest possible period of time. Simultaneously, another institution named as planning advisory board consisting of official and the representive of the private sector was established. The purpose of setting this Board was to assist and provide guidance to the Development Board in the process of planning in the country.The Development Board in consultation with the Advisory Board initiated the process of planning in Pakistan. It, first of all, prepared a six year Development Plan (1951-57) on the recommendation of Colombo Plan Consultative Committee. The Plan envisaged a total development expenditure of Rs. 260 crore, of which Rs. 220 crore were to be subscribed by the public sector and Rs. 40 crore by the private sector. The plans run in to difficulties due to the out break of Korean War just in the begging in the Plan period. The government had to review the development Plan and frame a two year priority programme in six year plan. The plan did not run its full course and came to an end two before its date of completion. In the year 1953, the government replaces the development Board with a new autonomous body called Planning Board. The planning board was assigned the duty of preparing the First Five years which it did and released the plan (1955-60) in 1957. The lau7nching of the First Five Year Plan (1955-60) marked are of systematic planning in Pakistan. In the
My name is Miss Farhat I am Resaerch Consultani in Pakistan Rural Institutional Organization for socio Eco Growth and Education (PRIME )iam Research Consultant we AHVE PREPARED jOINTLY REPORT ONTHE ECONOMIC HEALTH OF PAKISTAN . i hope this willbe proved improvement forthe organization and also for the economist who want to know about pakistan why lag behind in economics this is a vital problem. Miss Frahat
Add new comment