Question

Why the basic objective of economic planning in India is to bring about economic development?

Answer 1

 The main objective of Indian economic planning is to achieve the goal of economic development. economic development is necessary for under developed countries because they can solve the problems of general poverty, unemployment and backwardness through it.

Answer 2

• Economic development is necessary for developing countries.

• The main objective of economic planning in India is to fulfill the purpose of economic development.

• Economic planning is very important because it creates goals, maintains a strong, active local economy.

• It will achieve economic equality and overall economic development in India.

• It can solve many problems in India like unemployment, poverty, backwardness.

• Economic planning is to coordinate the long term plans and use the resources to develop the economy of our country.