The idea of planning

The idea of planning had acquired popularity in 1934, when Jawaharlal Nehru led National Planning Committee was set up.  The work of the National Planning Committee was interrupted during the world war -II, but a number of subcommittees of the National Planning Committee prepared their reports. In 1940, G.D. Birla led group prepared Bombay Plan, envisaging the doubling of per capita income and trebling of national income in 15 years. It divided industries into basic and consumption goods industries and admitted the necessity of reducing inequalities of wealth. Suggestions were given to government to reform the land distribution system, jamindari system and encouragement of small & cottage industries. It was also suggested that state should control the economy and public utilites.  After the end of World War II, M.N. Roy published a People’s Plan. It primarily emphasised on the development of agriculture, advocated nationalisation of land and liquidation of rural indebtedness. After independence, through Five Year Plans, plans were made to increase the industrial output, agricultural output through Green Revolution and wage earning of rural masses by various empowerment plans.