1. To increase production and offering opportunities to all for employment
2. To make assessment of all resources of the country
Select the answer using the code given below:
The establishment of the Planning Commission in India in March 1950 was a pivotal step towards structured economic development. Its primary role was to guide the nation's progress through planned initiatives. The question asks about the objectives behind its setup in the 1950s, specifically mentioning two potential goals.
One of the fundamental aims of the Planning Commission was to accelerate India's economic growth. This involved boosting the production of goods and services across various sectors. Simultaneously, a key objective was to ensure that economic development translated into tangible benefits for the population, primarily through the creation of ample employment opportunities for all citizens. This dual focus on increasing output and providing jobs was central to the developmental strategy of the time.
Effective planning requires a thorough understanding of the available means. Therefore, another critical objective of the Planning Commission was to conduct a comprehensive assessment of all the resources available within the country. This included natural resources (like minerals, water, land), human resources (labor force, skills), and capital resources. Knowing the extent and nature of these resources was essential for allocating them efficiently and formulating realistic development plans.
Both points listed align directly with the core functions and mandate assigned to the Planning Commission. The Commission was tasked with:
Clearly, "increasing production and offering opportunities to all for employment" falls under boosting economic development and ensuring social welfare. Likewise, "making assessment of all resources of the country" is fundamental to the planning and resource allocation process.
Based on the mandate and the historical context of India's post-independence economic planning, both stated points were significant objectives of the Planning Commission. The goal was comprehensive national development, encompassing both economic expansion and resource management, ultimately aimed at improving the lives of citizens through increased production and employment.
Which of the following has/have occurred in India after its liberalization of economic policies in 1991?
1. Share of agriculture in GDP increased enormously.
2. Share of India's exports in world trade increased.
3. FDI inflows increased.
4. India's foreign exchange reserves increased enormously.
Select the correct answer using the codes given below:
The main objective of the 12th Five-Year Plan is
Which of the following are associated with ‘Planning’ in India?
(1) The Finance Commission
(2) The National Development Council
(3) The Union Ministry of Rural Development
(4) The Union Ministry of Urban Development
(5) The Parliament
Select the correct answer using the code given below.
Economic growth is usually coupled with:
Consider the following statements:
1. National Development Council is an organ of the Planning Commission.
2. The Economic and Social Planning is kept in the Concurrent List in the Constitution of India.
3. The Constitution of India prescribes that Panchayats should be assigned the task of preparation of plans for economic development and social justice.
Which of the statements given above is/are correct?