Question

State the long-term objectives of Five Year Plans in India.
TOT IT​

Answer 1

Answer:

Long term objective of five year plans in India are high growth rate to improve the living standard of the residents of India. Economic stability for prosperity self reliant economy.

Explanation:

The term economic planning is used to describe the long term plans of the government of India to develop and coordinate the economy wit efficient utilisation of resources economics planning in India in india started after independence in the year 1950 when it was deemed necessary for economics growth and development 9f the nation.

Last five year plan in india :-

1. High growth rate to improve the living standard of the resident of India

2. Economic stability for prosperity

3. Self reliant economy