Planning Commission
Planning Commission
⇒ Planning Commission was not mentioned in the Constitution.
⇒ Planning Commission was an economic advisory body set up by a resolution of the Union Cabinet on 15th March, 1950.
⇒ Pt. Jawahar Lal Nehru was the first and Narendra Modi is the last chairman of Planning Commission
⇒ Gulzari Lal Nanda was the Deputy Chairman of the 1st Planning Commission.
⇒ The Planning Commission consisted of the Chairman, four Ministers as part time members and seven full-time members.
⇒ Prime Minister had been the Chairman of Planning Commission.
⇒ Main functions of the Planning Commission were:
* To prepare an integrated Five Year Plan for the most effective and balanced utilisation of the country’s resources for economic and social development.
* To act as an advisory body to the Union Government and State Governments.
⇒ On 15th August, 2014 the Prime Minister Narendra Modi announced that a new institution would be formed in place of the Planning Commission.
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