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Abstract

In the Second World War almost all the countries of the world faced obliteration. They had to face the ravage of many new problems coming out of war. So, immediately when the war was over, the Government thought of post-war reconstruction in their respective countries. The British Government of India also had such plan for India. Moreover, India was an underdeveloped country. After Independence, the national Government of India wanted to uplift it through proper planning. So, the Government of India introduced five year plans. The Planning Commission was set up in March, 1950. The draft of the five year plan was published in July 1951 and it was approved in December 1951.The First Five Year Plan dealt with labour and industrial relations with a humanistic approach. It recognized the importance of labour in the fulfillment of the targets of the plan and creating an economic order in the country. From 1947 to 2017, the Indian economy was premised on the concept of planning. This was carried through the Five- Year Plans, developed, executed and monitored by the Planning Commission (1951-2014) and the NITI Aayog (2015-2017). Hence this article attempts to study the five Year Planvis- a vis Social Security of Labour in Organized Sector till date