What is the concept of planning in India?
The ultimate objective of the Indian planning is to achieve broad based improvement in the living standard of society at large. Rapid growth is essential for expanding incomes and employment. It provides the required resources to finance programmes of social uplift.
What are the types of planning in India?
It is a democratic planning and planning is through manipulating the market. It provides for freedom of enterprise, freedom of consumption and freedom of production subject to state control and regulation.
What is the main objective of India planning?
Here we detail about the six major objectives of planning in India, i.e., (a) Economic Growth, (b) Attaining Economic Equality and Social Justice, (c) Achieving Full Employment, (d) Attaining Economic Self-Reliance, (e) Modernisation of Various Sectors, and (f) Redressing Imbalances in the Economy.
What is the role of planning in India’s development?
The basic objective of Indian planning has been acceleration of economic growth so as to raise the living standards of the people. Further, various five year plans also gave high priority to generation of employment opportunities and removal of poverty.
Who does planning in India?
Planning Commission, agency of the government of India established in 1950 to oversee the country’s economic and social development, chiefly through the formulation of five-year plans.
Who makes plan in India?
Planning Commission
Planning Commission, agency of the government of India established in 1950 to oversee the country’s economic and social development, chiefly through the formulation of five-year plans.
What is process of planning?
It is deciding future course of action from amongst alternatives. It is a process that involves making and evaluating each set of interrelated decisions. Planning includes the plan, the thought process, action, and implementation. Planning gives more power over the future.
What are the achievements of planning in India?
Increase in National Income and Per Capita Income: During planning period national income has increased manifold. The average annual increase in national income was registered to be 1.2 per cent from 1901 to 1947. This increase was recorded to be 3 per cent from 1950 to 2000-01.
What are the features of Indian planning?
Salient Features of India’s Five Year Plan
- Democratic: The first important feature of Indian planning is that it is totally democratic.
- Decentralised Planning:
- Regulatory Mechanism:
- Existence of Central Plan and State Plan:
- Public Sector and Private Sector Plan:
- Periodic Plan:
- Basic Objectives:
- Unchanging Priorities:
Who is known as the father of Indian planning?
Father of Indian Economic Planning is Mokshagundam Vishweswaraiah better known as M. Vishweswaraiah.
What is the idea of planning?
Planning gives more power over the future. Planning is deciding in advance what to do, how to do it, when to do it, and who should do it. This bridges the gap from where the organization is to where it wants to be. The planning function involves establishing goals and arranging them in logical order.