The Planning Commission in India was set up on March 1950 to promote a rapid rise in the standard of living of the people by utilizing the resources of the country, increasing production and offering employment opportunities to all. The Planning Commission has the responsibility for formulating plans as to how the resources can be used in the most effective way.
The Planning Commission has to make periodic assessment of all resources in the country, boost up insufficient resources and formulate plans for the most efficient and judicious utilization of resources.
Jawaharlal Nehru was the first chairman of the Planning Commission.
Structure of the Planning Commission:
The Prime minister is the chairman of the Planning Commission. The Deputy Chairman and the full time members give advice and guidance for the formulation of Five Year Plan, Annual Plans, State Plans, Projects and Schemes etc. Currently the structure of the planning commission is like this:
1. Chairman - Dr. Manmohan Singh
2. Deputy Chairman- Shri Montek Singh Ahluwalia
3 Minister of State- Shri M.V. Rajshekharan
4. Members - Dr. Kirit Parikh,Prof. Abhijit Sen ,Dr. V.L. Chopra ,Dr. Bhalchandra Mungekar ,Dr.(Ms.) Syeda Hameed ,Shri B.N. Yugandhar ,Shri Anwar-ul-Hoda, Shri B. K. Chaturvedi
5. Secretary- Dr. Subhas Pani
Functions of the Planning Commission India:
Following are the functions of the Planning Commission of India: