The Second Five Year Plan (1960-65):

With the termination of the First Plan Period (1955-60), the Second Five Year Plan was prepared. Following were the main objectives and targets of this Plan.

1. To attain an increase in national income by 24 per cent.
2. To achieve an increase of about 10 per cent in per capita income.
3. To provide the opportunities for employment to 2.5 million people.
4. To get an increase of 14 per cent in agricultural output.
5. To increase industrial production up to 14 per cent in large scale as well as medium scale industries
6. To increase the industrial production of Cottage and small-scale industries up to 25 per cent.
7. To increase exports at the rate of 3 per cent annual increase.