Question: Who Started The Concept Of Planning In India?

Who are the founder of Indian economic planning?

Sir M VisvesvarayaSir M Visvesvaraya, a Bharat Ratna recipient, was an engineer, statesman, and a scholar.

He served as the Diwan of Mysore during the period of 1912-1918.

In 1934, he published a book titled “Planned Economy in India”, in which he presented a constructive draft of the development of India in next ten years..

Who gave Bombay Plan?

Titled A Brief Memorandum Outlining a Plan of Economic Development for India, the signatories of the plan were J. R. D. Tata, Ghanshyam Das Birla, Ardeshir Dalal, Lala Shri Ram, Kasturbhai Lalbhai, Ardeshir Darabshaw Shroff, Sir Purshottamdas Thakurdas and John Mathai.

Which plan is known as Gadgil plan?

Third five year plan was also known as ‘Gadgil Yojana’.

Which 5 year plan is known as People’s Plan?

Setting up of National Planning Committee by Indian National Congress in 1938 , The Bombay Plan & Gandhian Plan in 1944, Peoples Plan in 1945 (by post war reconstruction Committee of Indian Trade Union), Sarvodaya Plan in 1950 by Jaiprakash Narayan were steps in this direction.

What are the objectives of planning in India?

Long term objectives of Five Year Plans in India are:High Growth rate to improve the living standard of the residents of India.Economic stability for prosperity.Self-reliant economy.Social justice and reducing the inequalities.Modernization of the economy.

What are types of planning?

Types of Planning Purpose or Mission Plan. Objectives or Goals Plan. Policies Plan. Procedure Plan. Rules Plan. Program Plan. Strategies Plan. Budget Plan.

What planning means?

Planning is the process of thinking about the activities required to achieve a desired goal. It is the first and foremost activity to achieve desired results. It involves the creation and maintenance of a plan, such as psychological aspects that require conceptual skills.

Who is called the father of Indian planning?

Mokshagundam VishweswaraiahFather of Indian Economic Planning is Mokshagundam Vishweswaraiah better known as M. Vishweswaraiah. Was this answer helpful?

Who introduced people’s plan?

M N RoyThe People’s Plan was Authored by M N Roy and drafted by the Post- War Re-Construction Committee of the Indian Federation of Labour. The object of the Plan is to provide for the satisfaction of the immediate basic needs of the Indian people within a period of ten years.

Who is father of Blue Revolution?

Hiralal ChaudhuriHiralal Chaudhuri and Dr. Arun Krishnsnan known as Father of Blue revolution.

Who proposed Bombay Plan?

Known as the Bombay Plan, it was authored by top industrialists such as JRD Tata, GD Birla and Lal Shri Ram. The economists who helped draft the plan were John Mathai (who went on to become the finance minister in Nehru’s cabinet), Ardheshir Dalal, AD Shroff and PS Lokanathan.

What are the long term goals of planning in India?

Long-term objectives try to solve the socio-economic issues that the country is facing over the years. It includes increase in national income or per-capita income, achieving full employment, social justice and equitable distribution, poverty alleviation, self-sufficiency and modernisation, etc.

Which is golden revolution?

The period between 1991 and 2003 is referred to as the Golden Revolution in India. IT is related to the increased production of honey and horticulture which was the main objective of this agricultural revolution.

Who is the father of Indian economy?

Pamulaparthi Venkata Narasimha Rao (28 June 1921 – 23 December 2004) was an Indian lawyer and politician who served as the 9th Prime Minister of India from 1991 to 1996.

What is the concept of planning in India?

The ultimate objective of the Indian planning is to achieve broad based improvement in the living standard of society at large. Rapid growth is essential for expanding incomes and employment. It provides the required resources to finance programmes of social uplift.

Which is the first in planning?

Establishing the objectives is the first step in planning. Plans are prepared with a view to achieve certain goals. Hence, establishing the objectives is an important step in the process of planning. Plans should reflect the enterprise’s objectives.

Which plan is called rolling plan?

The Janta Government terminated the fifth five year plan in 1977-78 and launched its own sixth five year plan for period 1978-83 and called it a Rolling Plan.

Which is not the goal of five year plan?

Every five year plan is developed with a specific goal in mind. But there is never one solitary objective of the plan. The plan is supposed to work towards the perspective plan and must cover a few important objectives. However, it is not possible or practical to give equal importance to all aspects of a plan.

Which period is known as Plan holiday?

Due to miserable failure of the Third Plan the government was forced to declare “plan holidays” (from 1966 to 1967, 1967–68, and 1968–69). Three annual plans were drawn during this intervening period. … The main reasons for plan holidays were the war, lack of resources and increase in inflation.

What are the common goals of Indian planning?

Here we detail about the six major objectives of planning in India, i.e., (a) Economic Growth, (b) Attaining Economic Equality and Social Justice, (c) Achieving Full Employment, (d) Attaining Economic Self-Reliance, (e) Modernisation of Various Sectors, and (f) Redressing Imbalances in the Economy.

Who is known as the Mother of India?

Madame CamaAbout: Madame Cama is known as the ‘Mother of Indian Revolution’. She was married to Rustom Cama, a wealthy lawyer based in Bombay. Having worked as a social worker during the Bombay Plague epidemic in 1897, she became ill herself and was sent to Britain in 1901/2 for treatment.

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