1950
planning commission was set up in 1950 . !!@@@@@@3$$$$$$
The planning commission of India was established on March 15th 1950
1956
The highest body which approves the Five-Year Plan in India is National Development Council
number can change according to wish of govt.
The Finance Commission of India came into existence in 1951. The Finance commission is established under article 280 of the Indian Constitution of India by the President of India. The Indian Finance Commission Act was passed to give a structured format to the Finance Commission of India as per the world standard. The need for the Finance Commission was felt by the British for guiding the finance of India. The structure of the modern Act was laid in the early 1920's. The Finance Commission is formed to define the financial relations between the centre and the state. The Finance Commission Act of 1951 tells about the qualification, appointment, term, eligibility, disqualification, powers etc of the Finance Commission.Functions Of The Finance CommissionThe Finance Commission's duty is to recommend to the President as to-The distribution of net proceeds of taxes between the Union and the States.To evaluate the increase in the Consolidated Fund of a state to affix the resources of the Panchayat in the state.To evaluate the increase in the Consolidated Fund of a state to affix the resources of the Municipalities in the state.Implementation Of The Recommendation Of Finance CommissionThe recommendation of the Finance Commission are implementedBy an order of the President or by executive orders.Powers of the Commission:The Finance Commission has the following powers:The Commission shall have all the powers of the Civil Court as per the Code of Civil Procedure, 1908.It can call any witness, or can ask for the production of any public record or document from any court or office.It can ask any person to give information or document on matters as it may feel to be useful or relevant.It can function as a civil court in discharging its duties.Qualifications for appointment and the manner of selection:The Chairman of the Finance Commission is selected among persons who have had the experience of public affairs, and four other members are selected among persons whoAre, or have been, or are qualified as judges of High Court, orHave knowledge of finance, orHave vast experience in financial matters and are in administration, orHave knowledge of economicsTerm of Office of the members:Every member of the commission shall be in the office as specified by the President. He can also be reappointed, provided that he has already addressed a letter to the President for his resignation.Conditions of service and salaries and allowance of members:Each member should provide whole time or part time service to the Commission as the President with respect to each case might specify.Each member shall receive salaries according to the provisions made by the central government.Disqualification:A member may be disqualified if:He is of unsound mind.He is involved in a vile act.If his interests are likely to affect the smooth functioning of the Commission.The Finance Commission is a constitutional body while the Planning Commission is not statutory and merely an advisory body.The Planning Commission is an institution in the Government of India, which formulates India's Five-Year Plans, among other functions.While some of their functions overlap, by and large the Finance Commission focuses on non-plan revenues (administrative costs of government etc) and expenditure while the Planning Commission focuses on plan expenditure (social schemes and infrastructure)
Ever since 1951, when the First Five Year Plan went into operation, right through the formulation of the Seventh Five Year Plan in the recent years, India has been following national policy of central planning for controlled and unified development. This has given rise to a number of problems in administration:Whether planning should come from above or below?To what extent should the society be subject to planning and how the people should be associated in the formulation and execution of plans?What modification should be made in the relationship between the centre and the States which have distinct powers in a federal constitution so as to make centralised planning effective?Who should constitute the members of the planning body?If the planning body is set up outside the normal executive organisation of the government, as the Planning Commission in this country is, should its advisory services be arranged in the existing organisation or should it have an administration of its own for this purpose?To what extent should the Planning Commission concern itself with the details of the Plan?What should be the Planning Commission's responsibility in reviewing the progress of the Plan and what reports is the Planning Commission entitled to ask from the executive authorities?What is the mechanism for dove-tailing the work of the planning machinery in the states which that of the centre, etc.?Although some of these problems have been taken care of in the initial establishment of the Planning Commission and its subsequent reorganisations, it must be confessed that the administrative organisation for planning has grown haphazardly without any systematic examination of these problems. The result is that Planning Commission today is a mammoth organisation, almost 'a parallel government' in the words of Pandit Nehru.It is to be noted that the Planning Commission and the National Development Council are not consitutional bodies. Now we have a constitutionally mandated District Planning Committee every district, for further reading vide the planning process.
The SAS army, or Special Air Service, was constituted on the thirty-first of May in the year of 1950. They serve as a regiment of the British special forces.
The question is not clear. If you asked about the future palns of the Indian navy Indian navy is going to commission a new ship on next year. It named INS Kolkatha.And going to buy an aircraft carrier on 2012. It will be named as INS Vikramadithya It is a Russion air craft carrier.With in 2-3 years India will commission the first N-submarine INS Arihant
macro planning is the planning that takes place at the end of the year for the following year
In India, it's the Planning Commission which projects 5 years' planning relating to incomes and expenditure the country will undertake during that period. Though it's a statutory organisation, its planning and activities are monitored by both the Ministry of Finance and Commerce. Now, for each fiscal year's income and expenditure, the Finance Minister presents Budget which is ratified by both the houses of parliament.(budget)
In India, it's the Planning Commission which projects 5 years' planning relating to incomes and expenditure the country will undertake during that period. Though it's a statutory organisation, its planning and activities are monitored by both the Ministry of Finance and Commerce. Now, for each fiscal year's income and expenditure, the Finance Minister presents Budget which is ratified by both the houses of parliament.(budget)