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Welcome back to Chapter 2: Economic Planning in India (1950-1990)! 👋 This is Lesson 2 in our series for the JKBOSE Class 11 Indian Economic Development syllabus. This video is essential for understanding how India executed its economic vision. We examine the apex body responsible for all national plans and the structure of the Five-Year Plans (FYPs) until the major economic reforms of 1991. In this lesson, you will learn about: The Planning Commission: Its formation (1950), its role, and its first Chairman (Jawaharlal Nehru). The Concept of the Five-Year Plan: What an FYP is and its historical basis (Soviet model). The Common Goals of Five-Year Plans: The long-term, overarching objectives of all the plans (Growth, Modernisation, Self-Reliance, and Equity). The Importance of the Public Sector: Its leading role in the early plans. 📚 Important Links: Lesson 1 (Economic Planning, Growth & PCI): . • Introduction to Planning in India (1950-19... Full Chapter 2 Playlist: • Economic Planning in India till 1991 (JKBO... Subscribe to Edu.StandardsIN to master the history of Indian economic policy! #JKBOSE #Class11Economics #PlanningCommission #FiveYearPlans #IndianEconomy #EduStandardsIN