About this document
Planning in Commission by RAKESH is a document available to read on EtoBox.
India adopted state-led planning after independence in 1947 to address severe economic challenges such as poverty, low industrial development, and inequality. The Planning Commission was established in 1950 to create Five-Year Plans, prioritize sectors, allocate resources, and monitor implementation, leading to significant achievements in industrial and agricultural growth. However, inefficiencies and slow growth led to a shift towards a market-oriented economy after 1991, culminating in the replacement of
- Author
- RAKESH
- Language
- EN