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Rudimentary economic planning, deriving from the sovereign authority of the state, was first initiated in India in 1938 by Congress President Netaji Subhash Chandra Bose, Atul Tiwari, Pandit Jawaharlal Nehru who had been persuaded by Meghnad Saha to set up a National Planning Committee. [2] M. Visvesvaraya had been elected head of the Planning ...
Earlier, addressing a conference of State Planning Boards and Planning departments, he said the rate of decline in poverty doubled during the Eleventh Plan. The commission had said while using the Tendulkar poverty line, the rate of reduction in the five years between 2004 and 2005 and 2009 and 2010, was about 1.5% points each year, which was ...
Other salient points [4] of the Bombay plan were an active role by government in deficit financing and planning equitable growth, a transition from an agrarian to an industrialized society, and—in the event that the private sector could not immediately do so—the establishment of critical industries as public sector enterprises while ...
A key characteristic of the Licence Raj was a Planning Commission that centrally administered the economy of the country. Like a command economy, India had Five-Year Plans on the lines of the five-year plans in the Soviet Union. However, unlike Soviet Union, private sector also played a significant role.
The early history of British expansion in India was characterised by the co-existence of two approaches towards the existing princely states. [7] The first was a policy of annexation, where the British sought to forcibly absorb the Indian princely states into the provinces which constituted their Empire in India.
The Gadgil formula is named after Dhananjay Ramchandra Gadgil, a social scientist and the first critic of Indian planning. It was evolved in 1969 for determining the allocation of central assistance for state plans in India. Gadgil formula was adopted for distribution of plan assistance during Fourth and Fifth Five Year Plans. [1]
This is a timeline of Indian history, comprising important legal and territorial changes and political events in India and its predecessor states. To read about the background to these events, see History of India. Also see the list of governors-general of India, list of prime ministers of India and list of years in India.
Planning Commission: 1950: Formulates India's Five-Year Plans, among other functions [8] planningcommission.nic.in / planningcommission.org: 11: Law Commission: 1955: Reforming the Law For Maximising Justice in Society and Promoting Good Governance under the Rule of Law [9] Ministry of Law and Justice (India) [10] lawcommissionofindia.nic.in ...