What five year plan is going on now?

What five year plan is going on now?

The Five-Year Plans were laid to rest by the Narendra Modi-led NDA government in 2015. Hence, the 12th five-year plan is considered the last five-year plan of India. The decades-old Five-Year Plans was replaced by a three-year action plan, which will be part of a seven-year strategy paper and a 15-year vision document.

What are the main objectives of planning in India?

Here we detail about the six major objectives of planning in India, i.e., (a) Economic Growth, (b) Attaining Economic Equality and Social Justice, (c) Achieving Full Employment, (d) Attaining Economic Self-Reliance, (e) Modernisation of Various Sectors, and (f) Redressing Imbalances in the Economy.

What is the full form of MBO?

Management by Objectives, otherwise known as MBO, is a management concept framework popularized by management consultants based on a need to manage business based on its needs and goals.

Which is not features of planning?

Planning is time consuming is not a feature of planning. And planning is pervasive and futuristic and multidimensional and continuous and dynamic function and process and intangible is a feature of planning.

What are the qualities of good plan?

The four qualities that effective plans should have are unity, continuity, accuracy, and flexibility. These four qualities will make planning more successful in businesses.

What is a successful plan?

A successful strategic plan provides the information and guidance the management team needs to run the company with greater efficiency and help the business reach its full potential. Strategic planning helps managers make decisions based on logical assumptions and a clearer view of the future.

What is a good plan?

A good plan is based upon clear, well-defined and easily understood objectives. General objectives like improving morale or increasing profits are ambiguous in nature and do not lend to specific steps and plans. If possible, objectives must be quantified for sake of simplicity.

How do you write a good plan?

Here’s how to write an action plan explained in 6 easy steps.

1. Step 1: Define your end goal.
2. Step 2: List down the steps to be followed.
3. Step 3: Prioritize tasks and add deadlines.
4. Step 4: Set Milestones.
5. Step 5: Identify the resources needed.
6. Step 6: Visualize your action plan.
7. Step 7: Monitor, evaluate and update.

What are the two type of plan?

Plans are classified into two types known as Multi-use Plans and Single-use Plans. Other names are standing plans or repeated use plans. They are long-term plans in nature and they are used for the entire organisation. They are the effective means of achieving control, co-ordination and objectives.

Which is not a type of plan?

Explanation: succession plan is not a recognized plan. Explanation:The process of finding and developing the abilities of new employees so that they can replace the old ones is defined as the succession plan.

What is specific plan?

A Specific Plan is a planning document that implements the goals and policies of the General Plan. These plans contain detailed development standards and implementation measures to which future projects located within a specified geographic area must adhere. A Specific Plan is a popular form of a land use overlay.