Encyclopaedia of Administration and Development Planning in India

The Planning Commission is an institution in the Government of India, which formulates India’s Five-Year Plans, among other functions. Rudimentary economic planning, deriving the sovereign authority of the state, first initiated in India in 1938 by Netaji Subhas Chandra Bose when he was the Congress president and drafted by Meghnad Saha. The British Raj also formally established a planning board that functioned from 1944 to 1946. Industrialists and economists independently formulated at least th