Introduction to Economic Planning In India – By Lakshman Maaheshwary

Welcome to this collection on Financial Planning in India.

India experienced a long and hard flexibility wrestle. To make matters difficult, there happened a bloody partition.
Pakistan was created with portions of Western and Japanese India taken absent from the Indian map.
Aftereffects of Entire world War had been also visible. There had been floods and famines.

It was very clear that without the need of a correct system, India would have no affluent long run.

Joseph Stalin implemented the first Five Yr Plan in the Soviet Union in the late nineteen twenties which yielded great success. It influenced Indian leaders to carry out the same.

As a result, the Planning Commission of India was born in 1950.