Question

Critically examine the achievements and failures of planning in india

Answer 1

Achievements of Planning:

(i) Increase in National and Per Capita Incomes

(ii) Progress in Agriculture

(iii) Progress in Industry

(iv) Per Capita Availability of Consumer Goods

(v) Increase in Saving and Capital Formation

(vi) Development of Economic Infrastructure

(vii) Import Substitution and Diversification of Exports

(viii) Development of Science and Technology

(ix) Build-Up of a Huge Educational Network

Major Failures of Planning:

(i) Failure to Eliminate Poverty

(ii) Failure to Provide Employment to the Growing Labour Force

(iii) Failure to Reduce Inequality of Income and Wealth

(iv) Failure to Check the Growth of Black Money

(v) Failure to Implement Land