Five-Year Plans of India launched the industrialization of the country (but less than the Second Plan, which focused on heavy industries). It built a particular system of mixed economy, with a great role for the public sector (with an emerging welfare state), as well as a growing private sector (represented by some personalities as those who published the Bombay Plan). The first Indian Prime Minister, Jawaharlal Nehru presented the First Five-Year Plan to the Parliament of India and needed urgent attention. The First Five-year Plan was launched in 1951 which mainly focused in development of the primary sector. The First Five-Year Plan was based
Prime Minister of India pension of per month, plus—if he/she served as an MP for more than five years— for every year served. The prime minister presides over various funds. The National Defence Fund (NDF) was set up the Indian government in 1962, in the aftermath of 1962 Sino-Indian War. The prime minister acts as chairperson of the fund's executive committee, while, the ministers of defence, finance and home act as the members of the executive committee, the finance minister also acts the treasurer of the committee. The secretary of the fund's executive committee is a joint secretary in the Prime Minister's Office, dealing