Planning Commission – GK Notes

This article talks about a short general knowledge note on the topic Planning Commission of India. This gk is suitable for IAS, UPSC, and other competitive examinations.

# Planning Commission – Important Points

• The Planning Commission formulates plans and monitors the progress.
• It has some economic and social objectives.
• It is also responsible for the formation of policies.
• It is a fully-fledged advisory body.
• It has no permission to implement the programs or plans.
• The Prime Minister is the Chairman of the Commission.
• The Deputy Chairman supervises the day-to-day activities of the Commission.
• The Finance Minister, Minister of Planning, Defense, Food and Agriculture, etc are a few members of this Commission.
• The Cabinet Secretary serves as the ex-officio secretary of the Planning Commission.
• It was formed on 15 March 1950 under the leadership of Jawaharlal Nehru.
• The first five-year plan began in April 1951.
• It has been operating as an independent assessment body since 1952.

# Functions of the Planning Commission:

1. Properly determine the amount/numbers of raw materials, capital and human resources.
2. Formulation of an appropriate plan for using the country’s resources with balanced conditions.
3. Determining the steps of the plan.
4. Monitoring whether human resources are being used properly or not.
5. Accelerate the process of capital formation.
6. Determining the machinery required for successful implementation of the plan.
7. Identify and eliminate barriers to the proper implementation of the plan.
8. May provide necessary recommendations from time to time regarding the execution of the proper plan.
9. Balancing the current social and economic condition of the country.

With the abolition of the Planning Commission on January 1, 2015, the "NITI Aayog" has been introduced in India.

Planning Commission of India GK