This document discusses the objectives of India's economic planning: growth, modernization, self-reliance, and equity. It defines economic growth as the increase in output across primary, secondary, and tertiary sectors of the economy. Modernization aims to use machines and technology to increase productivity, accuracy, and efficiency while reducing manual labor and risks. Self-reliance seeks to achieve self-sufficiency through developing basic industries and energy using domestic resources. Equity means ensuring all citizens have access to basic necessities like food, shelter, education, and clean water through a just distribution of wealth.