Planning is a continuous process that involves choices and decision making about allocation of available resources with the objective of achieving effective and efficient utilisation and growth of these resources. In India, planning is done both at the center as well as the state level. OBJECTIVES OF PLANNING IN INDIA The various objectives of economic planning in India are drawn keeping in view its socio-economic problems. Accordingly the objectives as follows: 1. Economic growth 2. Increase in employment 3. Reduction in inequality of income 4. Reduction in poverty 5. Modernization of the economy 6. Ensuring social justice and equality. In LDCs like India, the paramount objective of an economic plan is to bring into new forms of productive capital, which will raise the overall productivity of the economy and, thus, raise people’s income by providing them adequate employment opportunities and, thereby, remove the twin problems of destitution and mass poverty.
Objectives of economic planning in india pdf
It was introduced by the Congress Government for the period The number of universities increased from about 22 in to in The debt burden was mounting and the fiscal deficit was widening. In India, planning is done both at the center as well as the state level. Though one finds some sort of centralise, planning decisions Indian planning may be called a decentralised one, if not bottom-up planning. With the Janta Government taking over the power, the plan was terminated in Roy in Planning is a continuous process that involves choices and decision making about allocation of available resources with the objective of achieving effective and efficient utilisation and growth of these resources. In India, planning is done both at the center as well as the state level. OBJECTIVES OF PLANNING IN INDIA The various objectives of economic planning in India are drawn keeping in view its socio-economic problems. Accordingly the objectives as follows: 1. Economic growth 2. Increase in employment 3. Reduction in inequality of income 4. Reduction in poverty 5. Modernization of the economy 6. Ensuring social justice and equality. In LDCs like India, the paramount objective of an economic plan is to bring into new forms of productive capital, which will raise the overall productivity of the economy and, thus, raise people’s income by providing them adequate employment opportunities and, thereby, remove the twin problems of destitution and mass poverty. 02/12/ · ADVERTISEMENTS: 1. Economic Development: The main objective of Indian planning is to achieve the goal of economic development economic development is necessary for under developed countries because they can solve the problems of general poverty, unemployment and backwardness through it. Economic development is concerned with the increase in per capita income .See This Video: Objectives of economic planning in india pdf
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