Which among the following is/are the objective(s) of setting up of Pla

Which among the following is/are the objective(s) of setting up of Planning Commission in the 1950s in India ?

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 :

1 only

2 only

Both 1 and 2

Neither 1 nor 2

Answer is Right!

Answer is Wrong!

This question was previously asked in

UPSC NDA-2 – 2024

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The Planning Commission was established by a Resolution of the Government of India in March 1950. Its stated objectives included assessing the country’s resources, formulating plans for their effective and balanced utilization, and determining priorities for development. These plans aimed at increasing production and providing opportunities for employment, alongside raising the standard of living. Therefore, both statements accurately reflect the objectives behind the creation of the Planning Commission.

The Planning Commission was tasked with planning for the economic and social development of India, focusing on resource mobilization and utilization to achieve growth and employment.

The Planning Commission was an extra-constitutional body. It was replaced by NITI Aayog in 2015. The First Five Year Plan (1951-1956) was formulated based on the recommendations of the Planning Commission.

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