History of Planning in India

1934: First attempt to initiate economic planning in India was made by Sir M.Visvesvarayya, through his book ‘Planned Economy For India’.

1938: ‘National Planning Commission’ was set up under the chairmanship of J.L. Nehru by the Indian National Con-gress. Its recommendations could not be implemented because of the beginning of the Second World War and changes in the Indian political situation.

1944: ‘Bombay Plan’ was presented by 8 leading industrialists of Bombay.• 1944:  ‘Gandhian Plan’ was given by S. N. Agarwal.

1945: ‘People’s Plan’ was given by M. N. Roy.

1950: ‘Sarvodaya Plan’ was given by J. P. Narayan. A few points of this plan were accepted by the Government.

The Planning Commission

It was set up on March 15, 1950 under the chairmanship J.L. Nehru, by are solution of Union Cabinet.

It is an extra-constitutional, non-statutory body.

Prime Minister is the ex-officio Chair-man, one deputy-Chair appointed by the PM and some full time members.

On May 29 2014, according to reports of IEO, Planning Commission submit-ted to PM Modi, Planning Commission to be replaced by “Control Commission”.

In January 2015, Cabinet resolution replaced the Planning Commission by NITI Aayog.