We know that economic planning was taken up by the Planning Commission from 1951. However, the economic planning of India started much before this. Which of the following were a part of the planning for the economic development of the country?
A
National Planning Committee by the Indian National Congress in 1938
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B
Bombay Plan and Gandhian Plan in 1944
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C
Committee for Planning in 1935
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D
People's Plan in 1945
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Solution
The correct option is D People's Plan in 1945 Though the planned economic development in India began in 1951 with the inception of the First Five-Year Plan, the planning had begun much earlier, even prior to the independence. Some of the initiatives are as follows:
The setting up of the National Planning Committee by the Indian National Congress in 1938
The Bombay Plan and Gandhian Plan in 1944
The People's Plan in 1945 by the Post-War Reconstruction Committee of the Indian Trade Union