Question

Explain the history of planning in India.

08 Oct 2024
Answer :
Word Count : 827

Planning in India has evolved through various phases since the country gained independence in 1947, reflecting the changing socio-economic landscape and policy priorities. The history of planning in India can be broadly categorized into three distinct phases: the early post-independence period, the era of economic liberalization, and the current focus on inclusive growth and sustainable development.

The first phase of planning in India began with the establishment of the Planning Commission in 1950, following the recommendations of the Bombay Plan (1944) and the Gandhian vision of self-reliant villages. The objective was to promote socio-economic development and reduce poverty through a systematic approach to resource allocation. The First Five-Year Plan (1951-1956) emphasized agriculture, irrigation, and rural development as the backbone of the economy, recognizing the importance of rural areas in national development.

During this period, the focus was on the public sector, with substantial investments made in agriculture, education, health, and infrastructure. The approach was heavily influenced by the Nehruvian vision, which aimed at building a self-sufficient economy through state intervention. The Second Five-Year Plan (1956-1961) introduced industrialization as a key strategy for economic growth, emphasizing heavy industries and the establishment of public sector enterprises.

However, the approach adopted in the early years had its limitations. The _______ _________ _________ _______ _________ _____ ____.
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