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short note on planning commission with reference to 1 and 5 year plan

1) In 1950, the gov. set up a planning commision to help design and execute suitable policies for economic development.

2) Lifting India and India's out of poverty and biulding a modern technical and industrial base were among the major objectives of new nations.

3) These objectives could be realised only through proper planning and that is why planning commision was set up.

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planning commissson is set up for suitable policies for the development of the country.
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same
 
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Here is the answer

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Planning Commission was established by an executive decision of Government of India in 1950 in accordance with article 39 of the constitution which is a part of directive principles of state policy. Advisory Planning Board constituted in 1946 under the chairmanship of K.C Neogi gave recommendations for the establishment of the Planning Commission. The Planning Commission is a non-constitutional and non-statutory body and is responsible to formulate five years plan for social and economic development in India.
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