Introduction
The Planning Commission was an important institution in India responsible for economic planning and development. It was established in 1950 and functioned until it was replaced by NITI Aayog in 2015. The Planning Commission played a vital role in shaping the direction of India’s growth.
Main Functions of Planning Commission
- Formulate Five-Year Plans for national development.
- Assess the country’s resources and allocate them efficiently.
- Identify key areas for development such as agriculture, industry, health, and education.
- Coordinate with state governments for plan implementation.
- Monitor and evaluate progress of development programs.
- Recommend policies for balanced regional development.
Conclusion
The Planning Commission played a key role in guiding India’s planned economic development for over six decades. Its legacy continues through NITI Aayog today.