PPT: Economic Planning | Indian Economy for UPSC CSE PDF Download

 Page 1


 Planning in India
Page 2


 Planning in India
Background
The Visvesvarava Plan
The credit of proposing the first blueprint of Indian planning is given to the 
popular civil engineer and the ex-Dewan of the Mysore state, M. 
Visvesvaraya.
Ideas of state planning were an exercise in democratic capitalism with 
emphasis on industrialisation4a shift of labour from agricultural to 
industries, targeting to double the national income in one decade.
Page 3


 Planning in India
Background
The Visvesvarava Plan
The credit of proposing the first blueprint of Indian planning is given to the 
popular civil engineer and the ex-Dewan of the Mysore state, M. 
Visvesvaraya.
Ideas of state planning were an exercise in democratic capitalism with 
emphasis on industrialisation4a shift of labour from agricultural to 
industries, targeting to double the national income in one decade.
The FICCI Proposal
1
Formation
In 1934, the Federation of Indian Chambers of Commerce and 
Industry (FICCI) proposed national planning for India.
2
Leadership
President N.R. Sarkar declared that India's development required 
moving beyond laissez-faire economics toward comprehensive 
planning.
3
Recommendation
FICCI advocated for a high powered National Planning Commission 
to coordinate efforts and unlock India's full growth potential.
Page 4


 Planning in India
Background
The Visvesvarava Plan
The credit of proposing the first blueprint of Indian planning is given to the 
popular civil engineer and the ex-Dewan of the Mysore state, M. 
Visvesvaraya.
Ideas of state planning were an exercise in democratic capitalism with 
emphasis on industrialisation4a shift of labour from agricultural to 
industries, targeting to double the national income in one decade.
The FICCI Proposal
1
Formation
In 1934, the Federation of Indian Chambers of Commerce and 
Industry (FICCI) proposed national planning for India.
2
Leadership
President N.R. Sarkar declared that India's development required 
moving beyond laissez-faire economics toward comprehensive 
planning.
3
Recommendation
FICCI advocated for a high powered National Planning Commission 
to coordinate efforts and unlock India's full growth potential.
The Congress Plan
1
Initial Opposition
Gandhians and some business representatives opposed centralised state planning, including Mahatma Gandhi himself.
2
Formation of NPC
INC president Subhash C. Bose initiated the National Planning Committee (NPC) in October 1938, chaired by J.L. Nehru, to 
develop comprehensive economic development programs.
3
Participants
The NPC emerged from a conference of Congress-ruled States' Industry Ministers, with participation from                               
M. Visvesvaraya, J.R.D. Tata, G.D. Birla, Lala Sri Ram and various academicians, technocrats, officials, and political 
representatives.
Page 5


 Planning in India
Background
The Visvesvarava Plan
The credit of proposing the first blueprint of Indian planning is given to the 
popular civil engineer and the ex-Dewan of the Mysore state, M. 
Visvesvaraya.
Ideas of state planning were an exercise in democratic capitalism with 
emphasis on industrialisation4a shift of labour from agricultural to 
industries, targeting to double the national income in one decade.
The FICCI Proposal
1
Formation
In 1934, the Federation of Indian Chambers of Commerce and 
Industry (FICCI) proposed national planning for India.
2
Leadership
President N.R. Sarkar declared that India's development required 
moving beyond laissez-faire economics toward comprehensive 
planning.
3
Recommendation
FICCI advocated for a high powered National Planning Commission 
to coordinate efforts and unlock India's full growth potential.
The Congress Plan
1
Initial Opposition
Gandhians and some business representatives opposed centralised state planning, including Mahatma Gandhi himself.
2
Formation of NPC
INC president Subhash C. Bose initiated the National Planning Committee (NPC) in October 1938, chaired by J.L. Nehru, to 
develop comprehensive economic development programs.
3
Participants
The NPC emerged from a conference of Congress-ruled States' Industry Ministers, with participation from                               
M. Visvesvaraya, J.R.D. Tata, G.D. Birla, Lala Sri Ram and various academicians, technocrats, officials, and political 
representatives.
Post-NPC Developments
1
Post War Reconstruction Committee
Established by Government of India in June 1941 to plan 
post-war economic reconstruction.
2
Consultative Committee of Economists
Formed in 1941 under Ramaswamy Mudaliar as a 'think 
tank' to advise reconstruction committees on national 
planning.
3
Planning and Development Department
Created in 1944 under the Viceroy's Executive Council with 
Ardeshir Dalai (Bombay Plan controller) as member and 20+ 
expert panels.
4
Advisory Planning Board
Appointed in October 1946 to review previous planning 
work, including the National Planning Committee's, and 
recommend future planning machinery, objectives, and 
priorities.