Consider the following statements : 1. National Development Council is an organ of the Planning Commission. 2. The Economic and Social Planning is kept in the Concurrent List in the Constitution of India. 3. The Constitution of India prescribes that Panchayats should be assigned the task of preparation of plans for economic development and social justice. Which of the statements given above is/are correct?

Statement 1 is incorrect because the National Development Council (NDC) is an apex body that reviews the work of the Planning Commission, rather than being its organ [2]. The Planning Commission reported to the NDC, and the NDC's composition included members of the Planning Commission along with the Prime Minister and Chief Ministers [2]. Statement 2 is correct as 'Economic and Social Planning' is listed under Entry 20 of the Concurrent List (List III) in the Seventh Schedule of the Constitution. Statement 3 is correct as Article 243G, introduced by the 73rd Amendment, mandates that State Legislatures may endow Panchayats with powers to prepare plans for economic development and social justice [3]. Therefore, statements 2 and 3 are correct, while statement 1 is false.

Sources

1. [1] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 6: Economic Planning in India > 6.22 Indian Economy > p. 153
2. [2] Indian Polity, M. Laxmikanth(7th ed.) > Chapter 56: NITI Aayog > TNATIONAL DEVELOPMENT l COUNCIL > p. 472
3. [3] Geography of India ,Majid Husain, (McGrawHill 9th ed.) > Chapter 15: Regional Development and Planning > 5. The Panchayat-Level Planning > p. 59