0
Add your answer:
Earn +20 pts
How many members are there in planning commission of India?
number can change according to wish of govt.
Five year plan in india is finally approved by?
The highest body which approves the Five-Year Plan in India is National Development Council
Planning commission wes set up in the year?
planning commission was set up in 1950 . !!@@@@@@3$$$$$$
In which year was Indian planning commission was constituted in?
1950
In which year was Planning Commission setup?
1956
Which year was university grants commission established?
1956
Failures in five year plans of India?
failures of five year planning in india
Federal court of India was established in the year?
The Federal Court of India was established under section 200 of the Government of India Act 1935 in the year 1937.
How is finance commission related with planning commission?
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)
India started its five-year planning with effect from the year?
1951
Year in which family planning started in India?
1954
The reserve bank of India was established in the year?
It was established on 1st April in 1935.
