national development council
some governments experienced corruption and poor planning. also, many government leaders were taking the countries profits and putting them into their own personal foreign banks.
The Prime Minister is the chairman of Planning Commission.
Since there is no Central Planning Commission or Finance Commission in the US I assume you ask this question in reference to India. The answer in the Indian context is No. The Finance Commission is a constitutional body while the Planning Commission is not statutory and merely an advisory body. 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).
there may be change in planning commission
number can change according to wish of govt.
Planning Commission of India was established on 23rd March, 1950 and Jawaharlal Nehru was appointed its chairman. The commission was tasked with responsibility of formulating five years development plans, starting from 1951. The incumbent government of BJP headed by Narendra Modi has announced to wrap up Planning Commission and replace it with an organization that is more connected to the current time.
The Indian Prime Minister is the President of planning commission of India.
Since most planning is done as an afterthought commissions would focus on the different areas as they can look objectivity at the future
prime minister is the ex officio chairman of planning commission
Greater Cairo Planning Commission was created in 1965.
National Capital Planning Commission was created in 1924.
Prime Minister appoints the Deputy Chairman of Planning Commission.