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==History== | ==History== | ||
{{See also|Five-year plans of India}} | {{See also|Five-year plans of India}} | ||
Rudimentary economic planning, deriving from the [[Sovereignty|sovereign authority of the state]], was first initiated in India in 1938 by Congress President Jawaharlal Nehru , Atul Tiwari and [[Indian National Army]] supreme leader [[Netaji Subhash Chandra Bose]], who had been persuaded by [[Meghnad Saha]] to set up a National Planning Committee.<ref name=Saha>{{cite web|title=Meghnad Saha: A Pioneer in Astrophysics|url=http://www.vigyanprasar.gov.in/scientists/saha/sahanew.htm|website=Vigyan Prasar Science Portal|access-date=27 December 2014|url-status=dead|archive-url=https://web.archive.org/web/20150223073932/http://www.vigyanprasar.gov.in/scientists/saha/sahanew.htm|archive-date=23 February 2015|df=dmy-all}}</ref> | Rudimentary economic planning, deriving from the [[Sovereignty|sovereign authority of the state]], was first initiated in India in 1938 by Congress President Jawaharlal Nehru, Atul Tiwari and [[Indian National Army]] supreme leader [[Netaji Subhash Chandra Bose]], who had been persuaded by [[Meghnad Saha]] to set up a National Planning Committee.<ref name=Saha>{{cite web|title=Meghnad Saha: A Pioneer in Astrophysics|url=http://www.vigyanprasar.gov.in/scientists/saha/sahanew.htm|website=Vigyan Prasar Science Portal|access-date=27 December 2014|url-status=dead|archive-url=https://web.archive.org/web/20150223073932/http://www.vigyanprasar.gov.in/scientists/saha/sahanew.htm|archive-date=23 February 2015|df=dmy-all}}</ref> | ||
[[M. Visvesvaraya]] had been elected head of the Planning Committee. [[Meghnad Saha]] approached him and requested him to step down, putting forward the argument that planning needed a reciprocity between science and politics. [[Visvesvaraya|M. Visvesvaraya]] generously agreed and [[Jawaharlal Nehru]] was made head of the National Planning Committee.The so-called "[[British Raj]]" also formally established the Advisory Planning Board under [[K. C. Neogy]] that functioned from 1944 to 1946. | [[M. Visvesvaraya]] had been elected head of the Planning Committee. [[Meghnad Saha]] approached him and requested him to step down, putting forward the argument that planning needed a reciprocity between science and politics. [[Visvesvaraya|M. Visvesvaraya]] generously agreed and [[Jawaharlal Nehru]] was made head of the National Planning Committee. The so-called "[[British Raj]]" also formally established the Advisory Planning Board under [[K. C. Neogy]] that functioned from 1944 to 1946. | ||
Industrialists and economists independently formulated at least three development plans. Some scholars have argued that the introduction of planning as an instrument was intended to transcend the ideological divisions between [[Mahatma Gandhi]] and [[Nehru]].<ref>Partha Chatterjee, 2001 "Development planning and the Indian state" in State and Politics in India (ed. Partha Chatterjee) New Delhi: Oxford University Press</ref> Other scholars have argued that the Planning Commission, as a central agency in the context of plural [[democracy in India]], needs to carry out more functions than rudimentary economic planning.<ref>Sony Pellissery, 2010 Central agency in plural democracy. The India Economy Review, 7 (3), 12–16</ref> | Industrialists and economists independently formulated at least three development plans. Some scholars have argued that the introduction of planning as an instrument was intended to transcend the ideological divisions between [[Mahatma Gandhi]] and [[Nehru]].<ref>Partha Chatterjee, 2001 "Development planning and the Indian state" in State and Politics in India (ed. Partha Chatterjee) New Delhi: Oxford University Press</ref> Other scholars have argued that the Planning Commission, as a central agency in the context of plural [[democracy in India]], needs to carry out more functions than rudimentary economic planning.<ref>Sony Pellissery, 2010 Central agency in plural democracy. The India Economy Review, 7 (3), 12–16</ref> | ||