Question

Explain growth with equity as a planning objective

Answer 1

question_answer Explain 'growth with equity' as a planning objective. Answer: ... Hence, growth with equityis a rational and desirable objective ofplanning. 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

$\huge\bf\blue{\mid{\overline{\underline{ANSWER}}}\mid}$

$\huge\bf\red{\mid{\overline{\underline{GROWTH}}}\mid}$

➨ Growth refers to the increase in the country's capacity to produce the output of goods and services within the country .

➨ A good indication of economic growth is Steady increase in the GDP .

$\Huge \bf{\green{Equity :-}}$

➨ In equity every Indian should be able to meet his or her basic needs such as feed, a decent house,education and health care and inequality in the distribution of wealth should be reduced .

➨ Hence growth with equity 'Implies that benefit of development should be evenly available to eeverybody'