FIRST FIVE YEAR PLANS

Five-Year Plans (FYPs) are domestic financial programs centralized and incorporated from user. In the late 1920s, Joseph Stalin implemented the Soviet Union’s first five-year plan. They were eventually embraced by most communist states and several capitalist countries. The First Five-Year Plan was one of the most significant because it played a major part in the aftermath of Indian growth after independence.

Stamp commemorating the First Five Year plan depicts a man and woman working together in an industrial setting.

Propaganda stand dedicated to the first five-year plan in Moscow, 1931