In which year did the Government of India set up the Planning Commission and started the Five Year Plan?

Question

Quizplus · Accepted Answer

The Government of India set up the Planning Commission in 1950 to promote a rapid rise in the standard of living of the people by efficiently exploiting the resources of the country, increasing production, and offering opportunities to all for employment in the service of the community. The first Five Year Plan was launched in 1951.

In Which Year Did the Government of India Set Up