The government set up the Planning Commission in 1950 for economic development of the country. The main role of the Planning Commission was to Prepare a Plan for the ‘most effective and balanced utilization of the country’s resources.’ It has to formulate policies which would guide the economic development. Productivity and employment opportunities were to be increased through proper implementation of those policies and decide – which industries should be initiated by the state and which by the market, how to achieve stability in all the regions and states equally.
Rate this question :
How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Constitution of India32 mins
OMG! My india34 mins
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
view all courses
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation