Name the first President of the Frist Planning Commission established ...
After India achieved independence, a formal model of planning was adopted, and accordingly the Planning Commission, reporting directly to the Prime Minister of India, was established on 15 March 1950, with Prime Minister Jawaharlal Nehru as the Chairman.
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Name the first President of the Frist Planning Commission established ...
Answer:
Jawaharlal Nehru was the first President of the First Planning Commission established in 1950.
Explanation:
The Planning Commission of India was established on March 15, 1950, by an executive resolution of the Government of India under the chairmanship of India's first Prime Minister, Jawaharlal Nehru. The Planning Commission was established to promote economic growth and development in India by formulating Five-Year Plans.
The first Five-Year Plan was launched in 1951 under the chairmanship of the then Deputy Prime Minister, Sardar Vallabhbhai Patel. The main objective of the First Five-Year Plan was to develop agriculture, increase industrial production, and reduce poverty and unemployment.
Jawaharlal Nehru, being the first Prime Minister of India, was also the first President of the Planning Commission. He played a crucial role in the development of India's economy and was a strong advocate of planned development.
Under his leadership, the Planning Commission formulated various policies and programs aimed at achieving sustainable economic growth and development. Nehru believed that development could not be left to the market forces alone and that the state had a crucial role to play in promoting economic growth and development.
In conclusion, Jawaharlal Nehru was the first President of the First Planning Commission established in 1950. He played a pivotal role in the development of India's economy and was a strong advocate of planned development.
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