With what aim was the planing commission set up ?
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Planning Commission Planning Commission was an institution that was established in 1950 with an aim to formulate five year plans (FYP) for the country outlining the policies and programs that were to be followed by the centre and states towards the objective of all-around development. India saw 12 FYPs developed by the Planning Commission.
Explanation:
The Commission was set up by Nehru with the explicit objective to promote a rapid rise in the standard of living of the people by efficient exploitation of the resources of the country, increasing production and offering opportunities to all for employment in the service of the community.
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