Planning Commission has played very important role in post independence economic growth. Concerning with the current scenario of slow economic growth and abysmal performance of various sectors, do you think there is a need to revive Planning Commission in order to bring stability and fuel economic growth? (250 W/ 15 M) - Civilsdaily

Planning Commission has played very important role in post independence economic growth. Concerning with the current scenario of slow economic growth and abysmal performance of various sectors, do you think there is a need to revive Planning Commission in order to bring stability and fuel economic growth? (250 W/ 15 M)

Sources: https://www.thehindu.com/opinion/op-ed/make-planning-fashionable-again/article25656407.ece https://www.civilsdaily.com/type/oped-snap/ Model Answer: The Planning Commission was set up by the Government of India in March 1950. Its core objective was to promote rapid transformation of Indian economy and a speedy improvement in people’s standard of living. It was mandated to do so through five-year plans. The formulation of the plans and … Continue reading Planning Commission has played very important role in post independence economic growth. Concerning with the current scenario of slow economic growth and abysmal performance of various sectors, do you think there is a need to revive Planning Commission in order to bring stability and fuel economic growth? (250 W/ 15 M)