Sunday, December 31, 2017

Planning Commission

  • The Planning Commission is an institution in the Government of India, which formulates India's Five-Year Plans, among other functions.
  • The composition of the Commission has undergone a lot of change since its inception. With the Prime Minister as the ex-officio Chairman, the committee has a nominated Deputy Chairman, who is given the rank of a full Cabinet Minister.
  • Cabinet Ministers with certain important portfolios act as part-time members of the Commission, while the full-time members are experts of various fields like Economics, Industry, Science and General Administration.
The Commission works through its various divisions, of which there are three kind:
  • General Planning Divisions
  • Programme Administration Divisions
  • The majority of experts in the Commission are economists, making the Commission the biggest employer of the Indian Economic Services.
Functions of Planning CommissionThe Planning Commission's functions as outlined by the Government's 1950 resolution are following:
  • To make an assessment of the material, capital and human resources of the country, including technical personnel, and investigate the possibilities of augmenting those resources which are found to be deficient in relation to the nation's requirement.
  • To formulate a plan for the most effective and balanced utilization of country's resources.
  • To define the stages, on the basis of priority, in which the plan should be carried out and propose the allocation of resources for the due completion of each stage.
  • To indicate the factors that tend to retard economic development.
  • To determine the conditions which need to be established for the successful execution of the plan within the incumbent socio-political situation of the country.
  • To determine the nature of the machinery required for securing the successful implementation of each stage of the plan in all its aspects.
  • To appraise from time to time the progress achieved in the execution of each stage of the plan and also recommend the adjustments of policy and measures which are deemed important vis-à-vis a successful implementation of the plan.
  • To make necessary recommendations from time to time regarding those things which are deemed necessary for facilitating the execution of these functions. Such recommendations can be related to the prevailing economic conditions, current policies, measures or development programs. They can even be given out in response to some specific problems referred to the commission by the central or the state governments.

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