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ECONOMIC PLANNING IN INDIA Prepared by:- Ravi Ahuja AnuragGelani SheetalVerma AkankshaGoswami BhavinRathod STUDENT OF BHILAI BUSINESS SCHOOL BHILAI CHATTISHGARH
Economic Planning  ,[object Object]
 In communist countries the government makes both micro- and macroeconomic decisions.
Microeconomic decisions include what goods and services to produce, the quantities to produce, the prices to charge, and the wages to pay.
Macroeconomic decisions include the rate of investment and the extent of foreign trade.
Economic planning in India was stared in 1950 is necessary for economic development and economic growth.,[object Object]
High Rate of Growth of Population.
Industrial Growth Was Negligible.
Low Level of Literacy.
Backward Technology.
Traditional Attitude.
Social And Economic Problem Created By Partition Of Country.,[object Object]
Reduction Of Economic In Equalities.
Balanced Regional Development.

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economic planing in India