Question

explain growth of equity as a planing object
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Answer 1

Answer:

Both growth and equity are the two important objectives of Indian planning. ... Hence, growth with equity is a rational and desirable objective of planning. This objective ensures that the benefits of nigh growth are shared by all the people equally and hence inequality of Income is reduced along with growth in income.

Answer 2

Explanation:

Growth with equity is not just something to which the population which produces the growth and creates the wealth is entitled, it is also a critical element in the long-term interests of the society. Significant income equality is needed for sustained economic growth and for social, as well as political, stability.