GENERAL AWARENESS · INDIAN ECONOMY SERIES

Indian Economy: Planning, Agriculture, Industry and Population

The sectors and national income, the Five-Year Plans and NITI Aayog, agriculture and the farm revolutions, industry, and the 2011 Census — the facts the exam repeats, with photos and real past questions.

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This page covers how the economy is organised and planned: the three sectors, how national income (GDP) is measured and by whom, the Five-Year Plans and their successor NITI Aayog, agriculture and the farm 'revolutions' (Green, White and others), industry, and the headline numbers of the 2011 Census. Most questions are fixed facts — dates, full forms, who measures what and census figures.

1951
First Five-Year Plan
Planned development begins
2015
NITI Aayog replaced Planning Commission
1 Jan 2015
3
Sectors of the economy
Primary, secondary, tertiary

Sectors and national income

How the economy is divided, and how GDP is measured.

SectorWhat it isExamples
PrimaryNature-based productionFarming, mining, fishing
SecondaryManufacturingFactories, construction
TertiaryServicesBanking, IT, transport, trade
India's economy is now led by the tertiary (services) sector.
QUICK CHECK
PYQ · SSC — In economics, the letter 'D' in GDP stands for:
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QUICK CHECK
PYQ · SSC — National Income in India is compiled by:
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Planning: Five-Year Plans to NITI Aayog

How India planned its economy, 1951 onwards.

A NITI Aayog Governing Council meeting
The Planning Commission (which ran the Five-Year Plans from 1951) was replaced by NITI Aayog on 1 January 2015; the PM chairs it. Image: Prime Minister's Office (GODL-India) · GODL-India
Plan / bodyRemember
Planning CommissionSet up 1950; ran the Five-Year Plans
First Plan (1951–56)Focus on agriculture; Harrod-Domar model
Second Plan (1956–61)Focus on industry; Mahalanobis model
NITI Aayog (2015)Replaced Planning Commission; a think-tank, not a fund-allocator
First Plan = agriculture (1951); Second = industry (1956); NITI Aayog from 2015.
QUICK CHECK
PYQ · SSC — Planned economic development in India began in which year (First Five-Year Plan)?
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Agriculture and the farm revolutions

The backbone of the economy — and Punjab's strength.

Indian agriculture
Image
RevolutionProductLinked name
Green RevolutionFood grains (wheat, rice)M. S. Swaminathan
White RevolutionMilk (Operation Flood)Verghese Kurien
Blue RevolutionFish—
Yellow RevolutionOilseeds—
Green = food grains (Swaminathan); White = milk (Kurien, Operation Flood).
QUICK CHECK
PYQ · SSC — What type of unemployment is generally found in India's agricultural sector?
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PYQ · SSC — The Minimum Support Price (MSP) of crops is fixed on the recommendation of:
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PYQ · SSC — For how many mandated crops is the Minimum Support Price (MSP) announced?
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Industry and population

Small industry, and the 2011 Census numbers.

QUICK CHECK
PYQ · SSC — The Khadi and Village Industries Commission (KVIC) Act was passed in:
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QUICK CHECK
PYQ · SSC — As per Census 2011, which state has the lowest sex ratio (females per 1000 males)?
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PYQ · SSC — As per Census 2011, which state has the second-highest population after Uttar Pradesh?
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PYQ · SSC — As per Census 2011, the population density of India is about:
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PYQ · SSC — The place where small farmers and seasonal labourers who regularly move in and out of poverty are called:
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PYQ · SSC — The headquarters of NABARD is in:
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COMMON TRAPS
  • First Plan (1951) = agriculture; Second Plan (1956) = industry; NITI Aayog from 2015.
  • Green Revolution = food grains (Swaminathan); White = milk (Kurien).
  • MSP: fixed by govt on CACP's recommendation, for 22 crops.
  • Agriculture's typical joblessness = disguised unemployment.
  • Census 2011: UP most populous, Maharashtra 2nd; Haryana lowest sex ratio; density 382.
FLASHCARDS
Quick revision
First Five-Year Plan
1951 (agriculture)
NITI Aayog replaced Planning Commission
2015
Green Revolution father
M. S. Swaminathan
White Revolution / milk
Verghese Kurien
MSP recommended by
CACP
Most populous state (2011)
Uttar Pradesh
CHECK YOURSELF

The White Revolution in India is associated with which person and product? (a) M. S. Swaminathan, wheat (b) Verghese Kurien, milk (c) Norman Borlaug, rice (d) Amul, eggs

Show answer

(b) Verghese Kurien, milk. The White Revolution (Operation Flood) made India the world's largest milk producer; Kurien is its father.

Frequently Asked Questions

When did economic planning begin in India?

With the First Five-Year Plan in 1951, which focused on agriculture.

What replaced the Planning Commission?

NITI Aayog, on 1 January 2015; it is a policy think-tank chaired by the Prime Minister.

What are the three sectors of the economy?

Primary (farming, mining), secondary (manufacturing) and tertiary (services).

What does GDP stand for?

Gross Domestic Product — the value of all goods and services made inside the country in a year.

What was the Green Revolution?

The 1960s jump in food-grain output from new seeds, fertiliser and irrigation; M. S. Swaminathan is its father, and Punjab was its heartland.

What is the White Revolution?

The rise in milk production under Operation Flood, led by Verghese Kurien, making India the top milk producer.

Who fixes the MSP and for how many crops?

The government fixes it on the CACP's recommendation, for 22 mandated crops.

What is disguised unemployment?

When more people work on a job (like a farm) than are actually needed, so some add nothing to output.

Which is India's most populous state per Census 2011?

Uttar Pradesh, followed by Maharashtra; India's population density was 382 per sq. km.

Who compiles India's National Income?

The Central Statistical Organisation (CSO), now part of MoSPI.

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