needs of economic planing
Answers
the main objective of Indian planning is touching a goal of economic development economic development is necessary for underdeveloped countries because they can solve the problems of general property and employment backwardness through it economic development is concerned with the increase in per capita income and cause behind this increase in order to calculate the economic development of a country we should take into consideration not only increase its total production capacity and consumption but also increases population economic development refers to the rising of the people from him humans elements like poverty unemployment and unhealthy etc
(a) A higher rate of growth than was being realised in the absence of the plan;
(b) A greater degree of economic equality than was possible under free enterprise;
(c) Fuller employment opportunities for the growing labour force of a country; and
(d) Larger provisions for capital formation as one of the principal instruments for accelerating the rate of growth.
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