Question

Why was it necessary for a developing country like India to follow self-reliance as a planning
objective?​

Answer 1

hey!

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•°☆Answer:-°•☆

• On the eve of independence, India was poor stagnant and backward. There were heavy imports of foodgrains. It was important to be self-reliance.

•°☆Features of Self reliance are:☆

• 1) Self-sufficiency in foodgrains.

• 2)Fall in foreign aid and reduced
• dependence on imports which is possible when there is growth in domestic production.

• 3) Rise in exports.

• 4)Rise in contribution of industries in grass domestic product.

•°☆hope help u!!°•☆

Answer 2

• Self-reliance as an objective of economic planning is necessary for a developing country also in order to reduce their dependence on foreign countries especially for food.
• Also promoting self-reliance increase employment generation in an economy.
• It is understandable that people who were recently freed from foreign domination should give importance to self-reliance.