In this post we shall discuss about Indian Economy. Espicially the Planning commission of India and Five Year Plans.These topics are very important for all Bank Exams. The Soviet Union is the 1st country in the world to adopt Planning. Latter in 1934 M. Visweswarayya wrote "Planned Economy of India". He is the first to introduce "Planning" concept in India. Lets have a look at some important points about the Economic Planning in India.
- 1938 : National Planning Committee under Jawaharlal Nehru.
- 1943 : Bombay Plan : Drafted by 8 big industrialists.
- 1944 : Gandhian Plan : Srimannarayan Agarwal.
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