Planning in india

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1934:-Planned Economy concept given by M.Visvearaya (Civil Engineer).

1938:‘National Planning Committee’ was established under the chairmanship of Jwahar Lal Nehru by the Indian National Congress(Subhash Chandra Bose). Its recommendations could not be implemented because of the beginning of the Second World War and changes in the Indian political situation.

1944: ‘Bombay Plan’ was presented by Eight Industrialists of Bombay viz. Mr. JRD Tata, GD Birla, Purshottamdas Thakurdas, Lala Shriram, Kasturbhai Lalbhai, AD Shroff , Ardeshir Dalal, & John Mathai working together prepared “A Brief Memorandum Outlining a Plan of Economic Development for India”. This is known as “Bombay Plan”. This plan envisaged doubling the per capita income in 15 years and tripling the national income during this period. Nehru did not officially accept the plan, yet many of the ideas of the plan were inculcated in other plans which came later. 

1944:-People’s plan was drafted by MN Roy. This plan was for ten years period and gave greatest priority to Agriculture. Nationalization of all agriculture and production was the main feature of this plan. This plan was based on Marxist socialism and drafted by M N Roy on behalf of the Indian federation of Lahore. 

1944:-Gandhian Plan was drafted by Sriman Nayaran, principal of Wardha Commercial College. It emphasized the economic decentralization with primacy to rural development by developing the cottage industries. 

Planning and Development Department:-In August 1944, The British India government set up “Planning and Development Department” under the charge of Ardeshir Dalal. But this department was abolished in 1946. 

Planning Advisory Board:-In October 1946, a planning advisory board was set up by Interim Government to review the plans and future projects and make recommendations upon them. 

1950: ‘Sarvodaya Plan’ was given by J P Narayan. A few points of this plan were accepted by the Government.

The Planning Commission of India:-
The Planning Commission was set – up on March 15, 1950 under the chairmanship of JL Nehru, by a resolution of Union Cabinet.

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