1 Department of Education, Jadavpur University, Kolkata, West Bengal, India.
2 Department of CSE (AI & ML), Haldia Institute of Technology, Haldia, West Bengal, India.
World Journal of Advanced Research and Reviews, 2024, 23(01), 489–494
Article DOI: 10.30574/wjarr.2024.23.1.2031
DOI url: https://doi.org/10.30574/wjarr.2024.23.1.2031
Received on 27 May 2024; revised on 03 July 2024; accepted on 05 July 2024
This research investigates the discrepancies between planned economic targets and actual growth rates in India across various Five-Year Plans from 1951 to 2012. Despite rigorous financial planning, significant variances have been observed, prompting an examination of the underlying socioeconomic and political factors. Using a mixed-methods approach, the study quantitatively analyses historical economic data and qualitatively assesses literature and policy documents to understand these variances. The findings aim to provide insights into the effectiveness of monetary planning, highlight critical determinants of growth, and inform future policy-making and strategic planning efforts. This research seeks to enhance our understanding of economic development patterns in India through comprehensive data analysis.
Economic Growth; Five-Year Plans; Normal distribution; Computational Engineering
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Biprajit Biswas, Abhik Choudhary, Kamaluddin Mandal, Joyita Ghosh, Dipankar Roy and Subir Gupta. Economic growth patterns in India’s five-year plans. World Journal of Advanced Research and Reviews, 2024, 23(01), 489–494. Article DOI: https://doi.org/10.30574/wjarr.2024.23.1.2031
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