Class 11 Economics - Indian Economic Development - Chapter Indian Economy 1950-1990 NCERT Solutions | Why should plans have goals?
Why should plans have goals?
Every plan should have specified goals. Plan without a goal is like life without a soul. While a plan specifies the means and ways to allocate scarce resources to achieve proposed targets, goals are the ultimate targets, the achievement of which ensures the success of plans. Thus, plans must include the goals.
More Questions From Class 11 Economics - Indian Economic Development - Chapter Indian Economy 1950-1990
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Why was the public sector given a leading role in industrial development during the planning period?
- Q:-
Match the following:
1. Prime Minister
2. Gross Domestic Product3. Quota
4. Land Reforms
5. HYV Seeds
6. Subsidy
A. Seeds that give large proportion of output
B. Quantity of goods that can be importedC. Chairperson of the planning commission
D. The money value of all the final goods and services produced within the economy in one year.
E. Improvements in the field of agriculture to increase its productivity
F. The monetary assistance given by government for production activities.
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What is marketable surplus?
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What is the Green Revolution? Why was it implemented and how did Does it benefit the farmers? Explain in brief.
- Q:-
Explain ‘growth with equity’ as a planning objective.
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Why was it necessary for a developing country like India to follow self-reliance as a planning objective?
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Why and how was the private sector regulated under the IPR 1956?
- Q:-
Does modernisation as a planning objective create contradiction in the light of employment generation? Explain.
- Q:-
Why did India opt for planning?
- Q:-
Define a plan?
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