Economy, asked by jayburman4362, 6 months ago

How economic planning in India helped in dealing with the socio-economic problems

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Answered by unknown211
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Economic planning helps to identify those deficiencies in the economy and the social structure which need the maximum attention from the standpoint of economic growth. A plan is a scheme of investment and it requires mobilisation of necessary financial resources.

It is necessary for under developed countries because they can solve the problems of general poverty, unemployment and backwardness through it.

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Answered by daminidk
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Explanation:

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Economic planning helps to identify those deficiencies in the economy and the social structure which need the maximum attention from the standpoint of economic growth. A plan is a scheme of investment and it requires mobilisation of necessary financial resources.

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