Question

In which year Planning Commission was established? What are two primary objectives of planning in India?

Answer 1

Planning Commission was established in the year 15 March 1950


Here we detail about the six major objectives of planning in India, i.e., (a) Economic Growth, (b) Attaining Economic Equality and Social Justice, (c) Achieving Full Employment, (d) Attaining Economic Self-Reliance, (e) Modernisation of Various Sectors, and (f) Redressing Imbalances in the Economy.

Answer 2

Planning commission was established on 15th March 1950 and its primary objectives were to formulate plans with effective use of resources and indication of factors leading to lack of economic development.

Explanation:

• Planning commission is the brain child of the congress party.
• After the India achieved its independence, it was established in 1950 whose chairman was Jawaharlal Nehru himself.
• Its main goal was to increase the development in the agricultural sector of the country.
• It focused on making 5 year plans which mapped out the goals for the entire term until the next election took place.
• Its main functions were to maintain a constant check on the materials and resources available in the state and to make plans for their effective use. It helps determine conditions for the achievement of the objectives.

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