What is PanchVarshiya Yojana

India’s Economic Structure is mostly based on the Panch-Varshiya Yojana or also known as Five Year Plans. Under this Yojana India progress in any special field. The Panch-Varshiya Yoajan tells in which field government will focus or what goal India has to gain in upcoming five years. The Five Years Plan presented by Yojana Aayog now renamed as NITI Aayog.

In these Five Year Plans India developed with most efficient. Now under the Prime Ministerial period of Narendra Modi first time Yojana Aayog get a new identity. In a speech Modi said that Yojana Aayog worked very well in its period but now it is unable to meet with modern India’s need. We have to change it according to our new sources. That’s why on 1 January 2015 its name changed to NITI Aayog.

Panch-Varshiya Yojana is the backbone of economical structure of the country and very necessary for it. The development speed of the country is based on this Yojana. Whatever goal fixed under this India gains through put all sources of the country in various fileds.

Yojana	Year
First	1951 to 1956
Second	1956 to 1961
Third	1961 to 1966
Fourth	1969 to 1974
Fifth	1974 to 1979
Sixth	1980 to 1985
Seventh	1985 to 1989
Eighth	1992 to 1997
Ninth	1997 to 2002
Tenth	2002 to 2007
Eleventh	2007 to 2012
Twelfth	2012 to 2017