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Retrospect and Prospect of Planning Commission to Niti Aayog: An Overview
Authors
Jayaprada Sahoo,Dr Suresh Vadranam
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Keywords
Economy, Development, Industry, Poverty, Planning, and Transformation
Abstract
India has been playing with the idea of planned economy in the country. As early as in 1876, when 'Dadabhai Naoroji' wrote his "Poverty of India" it was realized that India's poverty could be eradicated only if efforts in some planned way were made. It was in 1933 that M. Visvesvaraya came out with his ten year plan with the target of doubling the income of the country. In 1938, Indian 'National Congress' set up a 'National Planning Committee' under the Presidentship of Late Pt. Jawahar Lal Nehru. The work of the Committee was, however, disadvantaged due to the outbreak of Second World War. In 1941, the then Government of India realised the need and necessity of some sort of planning body in India and appointed a Committee for Planning. In 1943, this Committee was replaced by the 'Reconstruction Committee' of the Executive Council, which was headed by the Governor General himself. A year later in 1944, a separate Planning and Development Department was set up by the Government of India. Simultaneously some industrialists of India came forward, with Bombay Plan aiming at economic development of the country in a planned way. In 1946, an Advisory Planning Board was set up by the interim Government of India with K. C. Neogyas its Chairman. Immediately after independence in 1947, the Economic Programme Committee (EPC) was formed by All India Congress Committee with Nehru as its chairman. This committee was to make a plan to balance private and public partnership and urban and rural economies. In 1948, National Planning Committee was accordingly set up by the government. On 29 May 2014, the Independent Evaluation Office submitted an assessment report to Prime Minister Narendra Modi with the recommendation to replace the Planning Commission with a "control commission." On 13 August 2014, the Union Cabinet scrapped the Planning Commission, to be replaced with a diluted version of the National Advisory Council (NAC) of India. On 1 January 2015 a Cabinet resolution was passed to replace the Planning Commission with the newly formed National Institution for Transforming India (NITI AAYOG). The prime objective of the present review paper is to emphasis retrospect and prospect on transformation of planning commission to NITI Aayog in historical context.
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Unique Identification Number - IJCRT2503633
Paper ID - 278944
Author type - Indian Author
Page Number(s) - f519-f527
Pubished in - Volume 13 | Issue 3 | March 2025
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No Of Downloads - 203
Author Country - India, -605014 , -puducherry , -puducherry , -605014 , Science and Technology
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Jayaprada Sahoo,Dr Suresh Vadranam, "Retrospect and Prospect of Planning Commission to Niti Aayog: An Overview", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.13, Issue 3, pp.f519-f527, March 2025, Available at :http://www.ijcrt.org/papers/IJCRT2503633.pdf
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