The first Indian prime minister, Jawaharlal Nehru, presented the First Five-Year Plan to the Parliament of India and needed urgent attention.
Who is father of Blue Revolution?
Hiralal Chaudhuri and Dr. Arun Krishnsnan known as Father of Blue revolution.
Why Mahalanobis is called founder of Indian planning?
He was also a member of the Planning Commission of India from 1955 to 1967. The Planning Commission’s Second Five-Year Plan encouraged the development of heavy industry in India and relied on Mahalanobis’s mathematical description of the Indian economy, which later became known as the Mahalanobis model.
Which is the first in planning?
Establishing the objectives is the first step in planning. Plans are prepared with a view to achieve certain goals. Hence, establishing the objectives is an important step in the process of planning. Plans should reflect the enterprise’s objectives.
Who formulated plans in India?
Plans are formulated by planning commission of India.
Which five year plan is most successful?
The Sixth Five-Year Plan was a great success to the Indian economy. The target growth rate was 5.2% and the actual growth rate was 5.7%.