Economy, asked by priyanshukumar7892, 11 months ago

Why did the government of India adopt Planning?

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Answered by vsujata
1

Answer:

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Answered by presentmoment
1

Explanation:

The starting of the First 5 years plan in April 1951 initiated a process of development aimed not only at improving the standard of living of people but also opening out to them new chances for a 'richer and more varied life'. By planning for growth, modernization, self-reliance, and social justice, this was sought.  

'India's development strategy', like that most of 'other developing countries', has developed over 'successive plan periods', reflecting the improving strength of our economy, structural transformations taking place in the 'domestic economy' and also development in the 'world economy'.

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