National, World Cup Football, Economics and Commerce: Indian Economy and Objectives of Planning

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National

National
National

Sahni Trophy

Hockey

Santosh Trophy

National Football Championship

Scandia Gold Cup

Hockey

Sethu Cup

Aquatics

Sheesh Mahal Trophy

Cricket

Sivanthi Adithan Gold Cup

Kabaddi

Sri Krishna Gold Cup

Football

Subroto Mukerji Cup

Football (Inter-School)

Todd Memorial Trophy

Football

Tommy Emar Gold Cup

Hockey (Women)

Vijay Hazare Trophy

Cricket

Vittal Trophy

Football

Vizzy Trophy

Cricket

Wellington Trophy

Rowing

World Cup Football

The most popular tournament the World Cup Foot Ball was started in 1930 and is held once in four years. In 1998 these games were held in France.

World Cup Football
World Cup Football

Year

Venue Country

Winners

Runners-up

1930

Uruguay

Uruguay

Argentina

1934

Italy

Italy

Czechoslovakia

1938

France

Italy

Hungary

1950

Brazil

Uruguay

Brazil

1954

Switzerland

West Germany

Hungary

1958

Sweden

Brazil

Sweden

1962

Chile

Brazil

Czechoslovakia

1962

Chile

Brazil

Czechoslovakia

1966

England

England

West Germany

1970

Mexico

Brazil

Italy

1974

West Germany

West Germany

Poland

1978

Argentina

Argentina

Holland

1982

Spain

Italy

West Germany

1986

Mexico

Argentina

West Germany

1990

Italy West

Germany

Argentina

1994

USA

Brazil

Italy

1998

France

France

Brazil

2002

Japan/Korea

Brazil

Germany

2006

Germany(scheduled)

2010

South Africa (scheduled)

Economics and Commerce

Indian Economy

In recent years, the Indian economy has been characterised as an underdeveloped but developing economy. Indian economy is the ideal model of a ‘mixed economy’. India’s economy is more than three times as large as previously measured, making it the sixth largest behind the U.S., Japan, Germany and France according to the International Monetary Fund’s latest calculation.

Planning Commission

Economic planning is a conscious and judicially carried out process for optimum utilisation of existing resources in order to fulfil some well-defined objectives laid down by the state. Perhaps the first attempt to initiate economic planning in India was made by M.Visvesvaraya in 1934. After Independence, the Planning Commission was setup in 1950 under the chairmanship of Jawaharlal Nehru and India ushered in the era of economic planning with the beginning of the First Five Year Plan in 1951.

Objectives of Planning

  • The long-term objectives of planning in India have been more or less the same in almost all the Five-Year Plans. These objectives are interconnected with one another

  • Economic Growth to raise the level of national per capita income in real term

  • Self-Reliance implies reduction in the dependence on foreign aid and concessional foreign capital’s the donors can have political influence on the decision-making process of the country.

  • Promoting Social Justice has two sub objectives namely (a) removal of poverty and (b) reduction in inequalities of income and wealth.

National Development Council

The National Development Council is presided by the Prime Minister of India. It is constituted with the members of the Planning Commission together with the Chief Ministers of the states.

National Planning Council

The National Planning Council was established in 1965,it is an advisory board attached to the planning commission. It includes experts representing a cross- section of the Indian Economy.

Five-Year Plans

  • The five-year plans are the developmental plans drawn by the Planning Commission to establish India’s economy on a socialistic pattern in regular phases of five-year periods.

  • The organisation set up to formulate basic economic policies, draft plans and watch its progress and implementation consist of:

    • Planning Commission of India

    • National Development Council and State Planning Commissions, and

    • National Planning Council.

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