a) Objectives

• Increase the agricultural and industrial production.
• Provide more employment opportunities and a just social order through equitable distribution of income and wealth.
• Economic stability

b) Priority

• topmost priority to infrastructure development
• transportation, communication and power followed by industry, agriculture sector and social services as second, third and fourth priority, respectively.

c) Financing

• The total outlay of this was Rs. 600.00 million, out of which more than 83 per cent had to be financed through external assistance (loan and grant).
• The actual expenditure in this plan was 99 percent i.e. Rs. 596 million.

d) Achievements

• There was a little more achievement in this plan compared to first plan. Significant progress was made in the field of economic development.
• The production from agriculture sector was more than achievement from other sector such as transportation, communication, health, education, irrigation etc. that were below target level.
• Although the GDP growth rate was increased by 13.7 per cent per annum during the plan period, the real per capita Gross Domestic Product (GDP) was decreased by 0.66 per cent.
• But in industrial sector, there was encouraging achievements as compared to previous plan.

Table: Second Plan: Targets and Achievements in Agriculture

e) Obstacles/ Problems:

• Lack of clear programs and policies regarding the objectives,
• Over ambitious plan
• Administrative machinery was not well equipped for the formulation and implementation of the programs,
• Difficulties in timely procurement of construction materials and,
• Lack of trained manpower.