Why is the third five year plan also known as Gadgil Yojana?
It was named after D. R. Gadgil, then deputy chairman of the Planning Commission. The central assistance provided for in the first three plans and annual plans of 1966–1969 lacked objectivity in its formulation and did not lead to equal and balanced growth in the states.
Which five year plan is based on Gadgil model?
third five-year plan
Gadgil yojana was formulated with the formulation of the third five-year plan. National Development Council (NDC) provides the final approval to the third five-year plan in India.
Who is the first Planning Commission of India?
Prime Minister Jawaharlal Nehru
After India achieved independence, a formal model of planning was adopted, and accordingly the Planning Commission, reporting directly to the Prime Minister of India, was established on 15 March 1950, with Prime Minister Jawaharlal Nehru as the Chairman.
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%.
Which 5 year plan is known as People’s plan?
Setting up of National Planning Committee by Indian National Congress in 1938 , The Bombay Plan & Gandhian Plan in 1944, Peoples Plan in 1945 (by post war reconstruction Committee of Indian Trade Union), Sarvodaya Plan in 1950 by Jaiprakash Narayan were steps in this direction.
Which is the most successful five year plan?
Who is known as the father of Indian planning?
Sir M. Vishweshwaraiah
Father of Indian Economic Planning is Sir M. Vishweshwaraiah. Sir M Visvesvaraya, popularly known as Sir MV, was an engineer, statesman, and a scholar.
Who is the CEO of NITI Aayog?
Shri Amitabh Kant is currently the CEO of NITI Aayog.
Who is the father of Indian planning?
Father of Indian Economic Planning is Sir M. Vishweshwaraiah. Sir M Visvesvaraya, popularly known as Sir MV, was an engineer, statesman, and a scholar.