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Five Year Plans: Candidates who are preparing for the IFSCA Grade A Exam must know about Five Year Plans. This topic is covered in the IFSCA Grade A Syllabus for Paper 2. With this Ebook, you will be able to know the details on the latest and previous Plans. Check out the complete article to get various insights on the topic.

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What’s there in the Five Year Plans Ebook for IFSCA Grade A Exam?

The candidates must be curious to know what they will get in the IFSCA Grade A Free Ebook on Five Year Plans so we have provided you with some of the details here in the blog. Also, if you are preparing for the IFSCA Grade A Exam, do not forget to check out the mock test link

In this Free Five Year Plans Ebook, you will get to know about several things. Check out the bullet points given below to have a clear idea of the topics covered in the Ebook for the IFSCA Grade A Exam. Also, get a brief of the same in this blog.

  • What is Five Year Plans?
  • Concept
  • Evolution
  • Previous & Current Plans
  • Conclusion

Check out the official website of IFSCA Here!

Brief of the Ebook

Five-year plans refer to a series of economic development programs aimed at achieving
specific targets within a set period. These plans were first introduced in the Soviet Union in
the late 1920s, and soon after, many other countries adopted them, including India, China,
and Vietnam.

The Concept of Five-Year Plans

The concept of five-year plans originated in the Soviet Union in the late 1920s when the
government sought to modernize its economy and catch up with the Western powers. The
first five-year plan was launched in 1928, and it focused on industrializing the country’s
economy, especially heavy industries such as steel, coal, and machinery. The plan was a
success, and it laid the foundation for subsequent five-year plans

The Impact of Five-Year Plans

Five-year plans have had a significant impact on economic development in countries that
have adopted them. Some of the notable impacts include:

  • Industrialization
  • Poverty Reduction
  • Infrastructure Development
  • Environmental Sustainability

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