Economic planning and its objective in india
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economic planning is a allocation mechanism based on computational procedure for solving a constrained maximization problem and an iterative process to obtaining its solution.
there there are six major objectives in India
(a) economic growth
(b) attaining economic equality and social Justice.
(c) achieving full employment
(d) attaining economic self-reliance
(e) modernisation of various sectors
(f) redressing imbalance in the economy.
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