Economy, asked by AnushreeH9186, 11 months ago

Why are why resource planning is important in country like india explain by giving examples?

Answers

Answered by maheshsaritha381
0

Dear Student

Answer to your question is as follows :

A strategy for judicious use of resources is called a resource planning. It is important because they are the basis of all economic activities which are the necessary for the development of a nation

Need for Resource Planning:

Many resources are limited in nature

overutilization of resources can cause energy crisis

resources are present in inadequate amount in different places

excess use of resources can cause environment depletion

unjudicious use can cause global problems like pollution.

Resource planning is a complex process which involves three stages:

to identify the resources across the regions of the country. The methods can be surveying, mapping and qualitative and quantitative estimation and measurement of the resources.

To develop a planning structure endowed with appropriate technology, skill and institutional set up for implementing resource development plans.

To coordinate the resource development plans with overall national development plans . It refers to meeting the requirements of larger plans of the nation

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