 The model was created as an analytical framework for India’s Second Five Year Plan in 1955 by appointment of Prime Minister Jawaharlal Nehru, as India felt there was a need to introduce a formal plan model after the First Five Year Plan (1951–1956).The First Five Year Plan stressed investment for capital accumulation in the spirit of the one-sector Harrod–Domar model.It argued that production required capital and that capital can be accumulated through investment; the faster one accumulates, the higher the growth rate will be.