Arrange the following events about the politics of planned development in the correct chronological order.
A. Bombay Plan
B. Third Five Year Plan
C. Establishment of the Planning Commission of India
D. Foundation of the Indian Statistical Institute
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → D, A, C, B
(D) Foundation of the Indian Statistical Institute — 1931. It was founded by P.C. Mahalanobis.
(A) Bombay Plan — 1944.
(C) Establishment of the Planning Commission of India — March 1950.
(B) Third Five Year Plan — 1961.
NCERT (2025-26): “Planning Commission … Rather, a section of the big industrialists got together in 1944 and drafted a joint proposal for setting up a planned economy in the country. It was called the Bombay Plan. The Bombay Plan wanted the state to take major initiatives in industrial and other economic investments. Thus, from left to right, planning for development was the most obvious choice for the country after Independence. Soon after India became independent, the Planning Commission came into being. The Prime Minister was its Chairperson. It became the most influential and central machinery for deciding what path and strategy India would adopt for its development. Planning Commission … Do you recall any reference to the Planning Commission in your book Constitution at Work last year? Actually there was none, for the Planning Commission is not one of the many commissions and other bodies set up by the Constitution. The Planning Commission was set up in March, 1950 by a simple resolution of the Government of India.… The Early Initiatives … The excitement with planning reached its peak with the launching of the Second Five Year Plan in 1956 and continued somewhat till the Third Five Year Plan in 1961.…”
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