Explain the major objectives of economic planning in india
Answers
Answer : The main objective of Indian planning is to achieve the goal of economic development economic development is necessary for under developed countries because they can solve the problems of general poverty, unemployment and backwardness through it.
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The major objectives of economic planning in India are:
1. Development of the Economy: The basic and first most objective is the economy development especially in case of under developed countries. Economic development highlights the free situation of the country from the problems of poverty, unemployment and backwardness.
2. Self-sufficiency: Another objective is to make the country self sufficient in terms of food grains and also industrial raw material. Additionally, the country is made independent in terms of foreign transaction which means reduction in imports and increase in exports.
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