Planning before independence:

Planning before independence:

1.National Planning Committee (NPC):
Chairman: Jawaharlal Nehru
Year:1938
Recommendations of the committee:

• The state should own or control all key industries and services, mineral resources, railways, waterways, shipping and other public utilities and all those large scale industries, which were likely to become monopolistic in character.
• Agriculture is crucial to draw up a scheme of national planning.
• The planning should aim at doubling the standard of living of the people in 10 years.

2. Gandhian plan:

• Gandhian plan is concerned with the development of agricultural and small scale industries. 
• A gandhian plan incorporating these policies were prepared by shriman narayan and acharya s.n. agarwal in 1944.

3.Bombay plan:

• In 1944 eight industrialists of Bombay prepared a plan of economic development of india which was popularly called as Bombay plan.
• JRD tata, GD birla, purshothamdas thakurdas, lala shriram, kasthuribhai lalabhai, ad shroff, ardeshir dalal and john mathai were the 8 industrialists.

4.People's plan:

• This plan was formulated by m.n.roy. this plan gave great priority to agriculture.
• All these plans were of historical importance as there was no opportunity to implement them. Therefore they remained on paper only. However, all these plans do indicate broad consensus about the importance of the role of state in the development process of the Indian economy.