Conference on Management in the Fourth Plan May 27-29, 1966 Convened by the All India Management Association and sponsored by the Government of India Reports of Study Groups

Abstract

The Conference on Management in the Fourth Plan, organized by the All India Management Association in May 1966, examined strategies to enhance India’s economic performance during the Fourth Five-Year Plan. Study groups focused on four critical areas: reducing costs in public and private sectors, increasing productivity through scientific research and development, promoting exports, and implementing targeted management training programs. Key recommendations included cultivating cost and time consciousness among managers, streamlining project approvals, optimizing raw material management, and investing in R&D with stronger industry-research collaboration. For export growth, the conference emphasized market diversification, quality improvement, and rigorous market intelligence. Training programs were advocated for all management levels, including supervisory and practical skills development tailored to industry needs. The conference concluded that efficient management practices, supported by coordinated action in cost control, innovation, human resource development, and proactive export strategies, are essential for achieving the Fourth Plan objectives and fostering India’s sustainable economic growth.