|Established||15 March 1950|
|Head Office||New Delhi|
|Jurisdiction||Government of India|
|First executive||Jawaharlal Nehru|
|Purpose||Formulate Five-Year Plans for India|
# Planning Commission – Important Points
- The Planning Commission is liable for the formulation of plans and monitoring the progress of plans.
- In addition to economic and social objectives, the Planning Commission is also responsible for the formation of policies and organizations.
- The Planning Commission is a fully-fledged advisory body but has no permission to implement development 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, the Minister of Planning, the Defense Minister, the Minister of Food and Agriculture are among the members of this Commission.
- The Cabinet Secretary serves as the ex-officio secretary of the Planning Commission.
- The Planning Commission in India was formed on 15 March 1950 under the leadership of Jawaharlal Nehru and economic planning started from that time.
- The first five-year plan began in April 1951. It has been operating as an independent assessment agency since 1952.
# Functions of the Planning Commission:
- Properly determine the amount/numbers of raw materials, capital and human resources.
- Formulation of the most accurate or successful plan for using the country’s resources with properly balanced conditions.
- Determining the steps of the plan.
- Monitoring whether human resources are being used properly or not.
- Accelerate the process of capital formation, maintaining a balance between the three levels of agriculture, secondary, and services.
- Determining the machinery required for successful implementation of the plan.
- Identify and eliminate obstacles to the proper implementation of the plan.
- May provide necessary recommendations from time to time regarding the execution of the proper plan while 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
A short general knowledge notes on the topic planning commission of India is provided here. This gk is suitable for IAS, UPSC and other competitive examinations.