National Integration Council

• Formation - 2 June 1962
• Type -     Government advisory body
• Purpose/focus     - Address the problems of communalism, casteism and regionalism
• Region served - India
• Membership -    150
• Chairman – Prime Minister of India

National Development Council

• The National Development Council (NDC) or the Rashtriya Vikas Parishad is the apex body for decision making and deliberations on development matters in India, presided over by the Prime Minister.

Five Year Plans of India

The economy of India is based in part on planning through its five-year plans, which are developed, executed and monitored by the Planning Commission. Prior to the fourth plan, the allocation of state resources was based on schematic patterns rather than a transparent and objective mechanism, which led to the adoption of the Gadgil formula in 1969. Revised versions of the formula have been used since then to determine the allocation of central assistance for state plans.

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.

Chairman’s of Finance Commission

Finance Commission	Constituted	Chairman	Operational Duration
First	1951	K.C Niyogy	1952-57
Second	1956	K.Santhanam	1957-62

Finance Commission

The Finance Commission constituted by the President pursuant to clause (1) of article 280 of the Constitution.

It was formed to define the financial relations between the centre and the state. The Finance Commission Act of 1951 states the terms of qualification, appointment and disqualification, the term, eligibility and powers of the Finance Commission. As per the Constitution, the commission is appointed every five years and consists of a chairman and four other members.