Question

Why there is a need to have resource planning in india?

Answer 1

we need to have resource planning in india because the peoplw are not using in an appropriate amount and just wasting the resources

Answer 2

NEED FOR PLANNING IN INDIA

India inherited from the British a backward and stagnant economy. It was backward as the level of output and productivity were low. And it was stagnant as the GDP growth was dismal. Such an economy could not be left to the market forces of supply and demand to trace its path of growth and development. It needed a big push of investment, supported by the government. Hence the recourse of economic planning.