8th five year plan. The 8th Five 2022-10-21
8th five year plan
The Eighth Five Year Plan was a development plan implemented in India from 1992 to 1997, following the Seventh Five Year Plan. The main focus of the Eighth Five Year Plan was on economic growth and poverty reduction, with a target of an annual growth rate of 6% and a reduction in the poverty rate by at least 5%.
One of the major objectives of the Eighth Five Year Plan was to achieve self-reliance in food production through the implementation of various agricultural development programs. The plan also focused on the development of infrastructure, including the construction of roads, bridges, and power plants, as well as the expansion of telecommunications and the promotion of science and technology.
The Eighth Five Year Plan also placed a strong emphasis on social sector development, with a particular focus on education, health, and housing. The plan aimed to increase the enrollment and retention rates in primary and secondary schools, and to improve the quality of education through teacher training and the use of modern teaching methods. In the health sector, the plan aimed to improve the availability and accessibility of healthcare services, particularly in rural areas, and to address issues such as maternal and child health and the control of infectious diseases.
The Eighth Five Year Plan also aimed to promote the economic empowerment of women through initiatives such as the establishment of women's development corporations and the implementation of programs to encourage women's entrepreneurship.
Overall, the Eighth Five Year Plan made significant progress in the areas of economic growth, infrastructure development, and social sector development. However, the plan faced several challenges, including political instability, a slow-down in economic growth, and a lack of resources. Despite these challenges, the Eighth Five Year Plan laid the foundation for future development in India and contributed to the country's ongoing progress.
The 8th Five Year Plan
A participatory planning process is an essential pre-condition for ensuring equity as well as accelerating the rate of growth of the economy. In livestock a decreasing trend in numbers is more than compensated for by increased productivity in terms of output and weights of animals. This is attributed to population momentum, resulting largely from a young age structure. During the 9 FYP, therefore, an average annual growth rate of about 7. The Sha Slate Mines in Wangdiphodrang and Salt Iodisation Plant in Phuntsholing were also privatized.
Eighth Five Year Plan (1992
Apart from representatives of international agencies, only India and Bangladesh have resident diplomatic representatives in Thimphu. On the other hand, in order to avoid erosion of funds in real terms, some guaranteed minimum level of return on these funds will be established. Town planners were simply not prepared for the dramatic increases in urban populations that have come to pass in the past two decades. Since 5 FYP, considerable progress has been made in decentralization to Dzongkag level, and during 8 FYP further efforts will be made to strengthen planning and implementation capacity at Gewog level see Chapter 8. The overall increase was 16 per cent. This is lower than the average growth rate of about 15% accumulated during the 7 FYP.
8th Five Year Plan (1998
At this rate, the population of Bhutan is expected to almost double in 20 years. The production of all varieties of Khadi including woolen and silk increased from 53. To further enhance the delivery system, the BDFC introduced schemes such as Saving Mobilization and Group Guarantee Lending during the 7 FYP. Institutions for strengthening the mainstreaming of women in development National Women's Association of Bhutan NWAB The NWAB was established in 1981 under a resolution passed in the 53rd session of the National Assembly. Saving deposits is assumed to increase by about 22 percent per annum. The total enrolment of 0.
8th Five Year Plan [134wyymyg8l7]
While vocational training, particularly in technical fields claims high priority, improved management will also be addressed. Fruits also showed the production of 23. The river valleys and the flatland in the southern foothills account for most of the fertile cultivable land whereas the northern alpine belt below the snowline is suitable only for pasture. Rare animals including the golden langur, takin and blue sheep are found distributed quite widely. The aim is to alleviate the poverty present and curtain the dominance of unemployment. An important recent addition was the appointment of a graduate planning officer in each dzongkhag administration. The most viable alternative found was to convert the Unit Trust of Bhutan into a commercial bank.
The behaviour of prices during October-November 1988 was erratic. However, during the 7 FYP manufacturing growth slowed down to 9. For the 8FYP, therefore, an attempt is made for the first time to include a longer 20 year perspective and a macro-economic outlook for the five years of the Plan itself. Throughout the decentralisation experience, budgetary limitations have been a widely-felt constraint. The importance of religious institutions continues in present day Bhutan, as signified by the strength of the monk body who number about 5000 in Dratshangs or Rabdeys supported by the state. However, some areas can only be reached by mule tracks, foot trails, and cantilever and suspension bridges.
The 8th Five
With a few exceptions, a national park will not be paying its way in the short term, and may not do so in financial terms even in the long-run. Again, in respect of Electricity, Gas and water supply, as against the targeted growth rate of 9. The existing system will continue as trade with India still accounts for over 80 percent of total external trade. Bhutan has resident diplomatic representations in India, Bangladesh, Kuwait, New York and Geneva. Services and Private Transfers - Receipts The income from services and transfers is assumed to increase by 3% per annum with India and 12 percent per annum with Third countries. It is envisaged that the activities both in terms of volumes and new listings of companies will greatly increase during the 8 FYP which will deepen and widen the financial system. Non-performing Assets The latest statistics based on December 1994 performance show, after allowing for provisions for bad debts and doubtful loans, the ratio of bad debts in total loans standing at about 17%, which is high.
At the terminal year of the plan, 70 million hectares of land was to be covered under HYV but achievement fell short of the target by 5. In the past, the monetization of the economy absorbed much of the impact of any increase. Rainfall map of Bhutan. To achieve the replacement level fertility of two surviving children per woman by 2012, there has to be a drastic reduction in fertility by 61% within a short period of 15 years from 5. However, this is not the case with environmental conservation projects. Under the rural electrification scheme: incorporate unfinished work of 7th FYP into 8th FYP.
Eight Five Year Plan
While it is the Government's objective to mobilize continued community participation for these essential services, and since 5 FYP to further decentralise the functions on a selective basis, a corresponding effort has been made to enable local communities to determine the priorities for developments which affect them, whether these are part of national programmes or of a limited local nature, and to have more control over their implementation. Based on past trends and future investment on power sector projects and DCP, a growth rate of about 7% per annum is assumed. In 1964-65, it was registered to the tune of 2. By 1994, Bhutan achieved 77% self sufficiency in cereals and 38% in edible oils. The per capita income in the country was also very low. .