TNPSC Indian Economy Study Materials-Planning Commission - Five Year Plan Models an Assessment

Planning Commission

The Planning Commission of India was formed in 1950 to formulate five year Plans.

Planning in India Before the establishment of Planning Commission

• In 1934
• M Visvesraya published the book 'Planned Economy for India'.
• In 1938
• Indian National Congress formed the National Planning Committee.
• Jawaharlal Nehru was appointed as the Chairman.
• In 1944 - Bombay Plan by eight industrialists.
• In 1944 - Gandhian Plan by Sriman Narayan Agarwal
• In 1945 - People's Plan by M N Roy
• In 1950 - Sarvodaya Plan by Jaiprakash Narayan

Historical Events in India

To get a clear picture about the Planning Commission and the five year plans implemented in India it is good to know some major historical events in India. By knowing these events and it's year you can easily remember the year of five year plans.

Year	Event
1962	India – China War [Emergency Declared]
1964	Jawaharlal Nehru Died
1965	India – Pakistan War
1966	Lal Bahadur Shastri Died
1971	India – Pakistan War (Bangladesh Liberation) [Emergency Declared]
1975	Emergency Declared by Indira Gandhi[Emergency Declared]
1977	Janata Party Came to Power
1980	Congress Came to Power
1990	Economic Depression

Planning Commission of India

• Composition and the five year plans will be updated soon...