Planning Commission of India was established in the year 15th March 1950.
The Prime Minister is the ex-officio Chairman of this Commission.
There is no provision for (or mention of) the Planning Commission in the Constitution of India.
It was constituted in the form of an advisory and specialist institution.
It was constituted by the Union Cabinet on the proposal of a member of the Union Parliament.
The government has changed its organization and structure from time to time.
Pandit Jawaharlal Nehru was the first Chairman of the Planning Commission.
There is no fixed term/tenure of the Deputy Chairman and members of the Planning Commission.
The commission estimates the physical-capital and the human resources commission prepare plans for maximum effective and impartial use of national resources.
The commission makes a critical analysis of each step and gives reformative suggestions.
Final clearance to planning is given by the “National Development Council”.
1st national planning committee was set up in 1938 by Subhash Chandra Bose and chaired by Jawaharlal Nehru.