The Five Year Plan was first launched in

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China

USSR

India

Bhutan

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UPSC NDA-2 – 2020

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The concept of the Five Year Plan was first launched in the USSR.

The first comprehensive Five-Year Plan (Piatiletka) was implemented in the Soviet Union by Joseph Stalin in 1928. This system of centralized planning for economic development was later adopted by various socialist and developing countries, including India.

India adopted Five Year Plans after independence, starting in 1951. China began its first Five Year Plan in 1953. Bhutan started its first Five Year Plan much later, in 1961. The origin of the concept lies in the Soviet Union.

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