The Planning Commission was established in response to the National Planning Committee's report from 1949, which emphasised the importance of economic and social planning for the entire country. The Planning Commission was established as a permanent body of experts by Cabinet Resolution in March 1950.
As a result, the Planning Commission was an extra-constitutional, non-statutory body that worked under the direction of the National Development Council (NDC).
The Indian Constitution makes no mention of the Planning Commission.
The Planning Commission evaluates the country's physical, financial, and human resources. It looks into the possibility of recharging depleted resources. The Planning Commission developed its plan in such a way that the country's resources are utilised to their maximum potential.