Planning in India was quite different. Naturally, private sector would be against planning. Private sector welcomes an open economy where government should have no control. But in India the big industrialists decided that for our development there should be proper planning. This Plan is known as the Bombay Plan.
It recommended that heavy industries and huge economic enterprises should work under government. This plan was something that everybody could approve. Later, an independent Planning Commission with the Prime Minister as its Chairman was set up. It became an agency that would decide on the industrial development plan for India.
