Searching for the Gandhian Elements in Indian Planning (1938-1966)
Keywords:
Indian Planning (1938-1966)Abstract
According to the National Planning Commission of India- “Planning under a democratic system may be defined as the technical co-ordination, by disinterested experts, of consumption, production , investment, trade and income distribution, in accordance with social objectives set by bodies representative of the nation. Such planning is not only to be considered from the point of view of economics and the raising of the standard of living but must include cultural and spiritual and the
human side of life”. A number of economic models and plans have been brought out for the development of the societies and nations all over the world by various economists and thinkers. In India, the idea of planned economy was initially crystallized in 1930s when our national leaders came under the influence of socialist philosophy. India’s Five year plans were very much impressed by the rapid strides achieved by the USSR through five years plans. Under this influence, attempts were made by individuals belonging to different ideologies, to draft an economic plan, suitable for the rapid development of the country.
References
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