The Chairperson of Planning Commission in India is:
Understanding the Planning Commission of India
The question asks about the Chairperson of the Planning Commission in India. The Planning Commission was an institution in the Government of India, which formulated India's Five-Year Plans, among other functions. It played a central role in planning the country's development after independence.
Role of the Chairperson of the Planning Commission
The Chairperson was the chief executive of the Planning Commission. This position was always held by the serving Prime Minister of India. The Prime Minister, being the head of government, provided overall direction and guidance to the work of the Commission.
Analysing the Options
- President of India: The President is the head of state, but not the chairperson of the Planning Commission.
- Prime Minister of India: The Prime Minister is the head of government and traditionally held the position of Chairperson of the Planning Commission. This option aligns with the historical structure of the Planning Commission.
- Chief Minister of India: There is no position called 'Chief Minister of India'. Chief Ministers head state governments.
- Education Minister: The Education Minister is responsible for the education portfolio, not the overall planning for the entire nation's economy and development undertaken by the Planning Commission.
Based on the structure and history of the Planning Commission, the person who chaired it was the Prime Minister of India.
Key Functions of the Planning Commission (when it existed)
- Assessing the resources of the country.
- Formulating Five-Year Plans for the balanced utilization of resources.
- Defining stages for Plan implementation and proposing the allocation of resources.
- Identifying factors that tend to retard economic development.
- Making recommendations on necessary policy and administrative changes.
Therefore, the correct answer is the Prime Minister of India, who served as the Chairperson of the Planning Commission.
| Body | Chairperson |
|---|---|
| Planning Commission (defunct) | Prime Minister of India |
| NITI Aayog (current) | Prime Minister of India |
Revision Table: Planning Commission Basics
| Aspect | Details |
|---|---|
| Establishment | 15 March 1950 |
| Type | Advisory body |
| Chairperson | Prime Minister of India |
| Purpose | Formulate Five-Year Plans, advise on resource allocation |
| Replacement | Replaced by NITI Aayog on 1 January 2015 |
Additional Information: Planning Commission & NITI Aayog
The Planning Commission was a key institution responsible for centralized planning in India. It was established based on the principle of socialist planning adopted by the government post-independence. The Prime Minister always held the top leadership role as the Chairperson, signifying the importance of national planning under the highest political authority.
However, over time, questions were raised about the effectiveness and relevance of the Planning Commission in a changing economic landscape. In 2015, the Government of India replaced the Planning Commission with the National Institution for Transforming India (NITI Aayog). Like the Planning Commission, the Prime Minister of India serves as the Chairperson of NITI Aayog as well. NITI Aayog is designed as a think-tank and policy-making body, focusing on a more bottom-up approach to planning and development.
While the institution itself has changed from the Planning Commission to NITI Aayog, the role of the Prime Minister as the chairperson of the primary national planning/policy body remains constant.
Important Questions from Economics and Central Problems of Economy
Which committee was set up in 1955 to suggest the role of small-scale industries promoting rural development?
In addition to limited availability of resources, what is the other reason which compels every economy to decide on how to use its resources?
Read the following facts about the Indian economy during British rule and select the correct facts:
(A) Commercialisation of agriculture led to production of cash crops which helped British industries back home
(B) Britain maintained a monopoly control over India's exports and imports
(C) Basic infrastructure such as railways, ports, water transport, posts and telegraphs did develop to provide basic amenities to the people
(D) Indian trade was restricted to Britain, China, Russia, and America
(E) India’s economy remained fundamentally agrarian under the British rule
Choose the correct answer from the options given below:
In an economy, the problem of choice arises. Arrange the following in order:
(A) Leads to scarcity of resources
(B) Demands are unlimited
(C) Problem of choice arises
(D) Our resources are limited
Choose the correct answer from the options given below:
Abbreviate the full form of 'LPG' in the context of Economic Reforms in India in the year 1991:
