1. Objectives of First Five Year Plan:
(a) It focused on land reforms for the development in rural areas.
(b) It aimed to increase level of National Income.
2. The First Five Year Plan differed from the Second Five Year Plan:
(a) The second five year plan stressed on heavy industrialization.
(b) Second five year plan wanted to bring quick structural transformations in all possible directions in place of slow and steady growth like first five year plan.