- The concept of centralized economic planning through five-year plans (Five-Year Plans) was first introduced in the Soviet Union in 1928 by Joseph Stalin. - India adopted this model of planning for its post-independence development, establishing the Planning Commission in 1950 and launching its First Five-Year Plan in 1951. - The idea was to promote planned economic growth and development.
The concept of five year plans in the Indian Constitution is borrowed from
Asked in WBPSC CS Prelims 2023 · Topic: Sources of Constitution (Soviet Constitution (Fundamental Duties, Ideals of Justice in Preamble))
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