Industries in the Sixth Plan (1980-85)

You must be aware that the Sixth Plan (1980-85) intended to work within the total developmental strategy particularly with relation to the objectives of structural diversification, modernisation and self-dependence. 




The other elements of policy involved the following:

(a) To meet foreign exchange needs, export of engineering goods and industrial products, as also project exports would be intensified.

(b) A judicious blend of allowing import of contemporary technology and promoting the development of indigenous know-how via domestic research and development.

(c) New strategies for development of backward areas would be devised. The thrust would be to execute a new model of development which would stop concentration of industry in prevailing metropolitan areas.

A review of the progress of the industrial growth during the Sixth Plan discloses that as against the target of 7% growth in industrial productions, the growth rate attained, however, was just 5.5 per cent. This was lower than the trend growth rate of 6 per cent observed in the previous three decades.

Mayank Rai

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