When and why Economic Planning has started in India?
Answers
Answered by
0
As a logical sequence, the Planning Commission was set up on 15 March 1950 and the plan era started from 1 April 1951 with the launching of the First Five Year Plan (1951-56). However, the idea of economic planning in India can be traced back to the pre-independent days.
Answered by
0
Planning Commission was set up on 15 March 1950.
Explanation:
- The economic planning was started for improving Employment, regional development, increase standard of living, Economic growth.
- After India’s Independence in 1947, the National Industrial Policy was formed in 1948 to establish rules for common trade in India.
- The idea of economic planning in India can be traced back to the pre-independent days, however, it suggested the setting up of a National Planning Commission and surrounding the arrangement of a mixed financial framework and after the development of the constitution.
Learn more about Economic Planning
What is economic planning ? explain it .
https://brainly.in/question/5539534
Explain 3 achievement of economic planning in india
https://brainly.in/question/6981455
Similar questions