Correct Answer - Option 2 : Gulzarilal Nanda
After India achieved Independence, a formal model of planning was adopted, and accordingly the Planning Commission, reporting directly to the Prime Minister of India, was established on 15 March 1950, with Prime Minister Jawaharlal Nehru as the Chairman.
- Since the prime minister happens to be the ex-officio chairperson of Planning Commission of India, the position of the deputy chairperson has great significance.
