Question

Describe the modernization objective of five year plans in India​

Answer 1

Answer:

This new objective was categorically mentioned for the first time in the Sixth Plan. Modernisation means such a variety of structural and institutional changes in the eco­nomic activities that can change a feudal and co­lonial economy into a progressive and modern economy that produces various types of goods.

This requires the setting up of a wide variety of industries. It also refers to an advancement of tech­nology. No doubt certain technological advance­ments have taken place in agriculture, energy, etc. But there is a real danger of this objective in the present context. The country faces an alarming unemployment problem and, hence, poverty. But modernisation will definitely arrest the employ­ment generation activities. Hence, there is a con­flict between modernisation on the one hand and removal of unemployment and poverty on the other.

Explanation:

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Answer 2

Answer:

Objectives of Five Year Plan of India

Economic Equity and Social Justice. Full Employment. Economic Self-Reliance. Modernisation.