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ECONOMIC PLANNING AND
ECONOMIC DEVELOPMENT IN
INDIA
Ch.10
XI-Economics
Introduction
Era of D Planning in India
Objectives of EP
Economic
Growth
Reducing
Unemployment
Reduction in
Inequality of
Income
Removal of
Poverty
Establishment
of a Socialist
Society
Modernization
of the Economy
Self-reliance
Achievements of P in India
Increase in income
Change in composition of income
Growth in agriculture and industrial production
Changes in agricultural sector
Changes in industrial scenario
Increase in saving and investment
Large expansion of infrastructure
Development in science & technology
Substantial progress in education & health facilities
Main Failures of P in India
Inadequate growth rates
Failure to eradicate poverty
Failure to remove unemployment
Large inequalities
Inefficient use of resources
Slow growth of infrastructure
Inflationary pressure
High magnitude of deficit financing
Factors inhibiting successful
implementation of the plans
Unrealistic
plans
Overambitio
us plans
Faulty
implementation
Lack of
coordination
Inadequate
infrastructure
Bureaucratic
approach
Financial
constraints
Natural
constraints
Rapid
population
growth
Thank
You

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Planning in India

  • 1. ECONOMIC PLANNING AND ECONOMIC DEVELOPMENT IN INDIA Ch.10 XI-Economics
  • 3. Era of D Planning in India
  • 4. Objectives of EP Economic Growth Reducing Unemployment Reduction in Inequality of Income Removal of Poverty Establishment of a Socialist Society Modernization of the Economy Self-reliance
  • 5. Achievements of P in India Increase in income Change in composition of income Growth in agriculture and industrial production Changes in agricultural sector Changes in industrial scenario Increase in saving and investment Large expansion of infrastructure Development in science & technology Substantial progress in education & health facilities
  • 6. Main Failures of P in India Inadequate growth rates Failure to eradicate poverty Failure to remove unemployment Large inequalities Inefficient use of resources Slow growth of infrastructure Inflationary pressure High magnitude of deficit financing
  • 7. Factors inhibiting successful implementation of the plans Unrealistic plans Overambitio us plans Faulty implementation Lack of coordination Inadequate infrastructure Bureaucratic approach Financial constraints Natural constraints Rapid population growth