it is the presentation about the second five years plan of pakistan

1. Presentation on:
Second five years plan
presented to:
Dr.Mumtaz
Presented by :
Muhammad Luqman
. Mansoor Hayat
Shahzad Mustafa
Ghulam Farooq
Muhammad Hasnain
Baitullah

2. Second five years plan (1960-1965)

3. INTRODUCTION
 The second five year plan of Pakistan covered the period from 1960 to
1965
 And aimed at accelerating the Pace of economic development in the
country
 The plan emphasized on both industrial and agricultural growth to
achieve self sustaining economy

4. MAJOR OBJECTIVES OF 2ND YEAR PLAN
1. The increase national income and improve the living standards
of the people
2. To develop basic infrastructure including power transportation
and communication
3. To promote industrialization and increase the share of
manufacturing in GDP (Gross Domestic product)

5.  4. To improve agricultural productivity and increase GDP
(Gross Domestic product)
 5. To reduce regional disparities in economic development


6. INDUSTRIAL DEVELOPMENT OF BANK (1961)
The Industrial Development Bank of Pakistan was established in
1961 to provide financial assistance to the industrial sector. The
bank aimed to promote the growth of industries, especially in
underdeveloped areas.

7. Construction of Mangla Dam (1963)
 The Mangla Dam was completed in 1963, providing
hydroelectric power and irrigation water to the
surrounding areas. This helped to improve agricultural
production and support industrial growth.

8. Nationalization of major industries (1962)
 In 1962, the government of Pakistan nationalized several
key industries, including steel, cement, and heavy
engineering. This was done to increase government
control over these industries and promote their
development.

9. MAIN GOALS
 To increase national income by 24%
 Increasing per capita income by 10 percent
 Providing employment opportunities to 25 lakh new peopl
 To increase the productivity of large and medium scale
industries by 14%
 To increase the production of household and small scale
industries by 25%
 Exports would increase by three percent annually
 increasing agricultural production by fourteen percent

10. RESULT OF THE PLAN
 The growth in national income also exceeded 30
percent.
 Exports increased by seven percent per annum.
 Industrial sector grew by more than 40 percent.
 Growth in agriculture sector was more than 15
percent.
 Employment opportunities could not be increased to
the expected extent, thus the pace of development of
this sector remained substandard.