The document discusses the concepts and steps involved in town planning. It defines town planning as utilizing available resources effectively to achieve defined objectives within a given time period. The key steps outlined are setting objectives, developing assumptions about the future, identifying alternative courses of action, evaluating alternatives, selecting the best alternative, implementing the plan, and following up to ensure assumptions remain valid. The objectives of planning include increasing national income, achieving full employment, equal wealth distribution and eliminating poverty.

1. Town Planning
The meaning of economic planning differ from country to
country and person to person. Keeping in view the various
definitions we can say that aim of all the plans is to utilize the
available resources more effectively achieving the well
defined objectives during given period of time.

2. Features Of Planning

3. Steps Of Planning

4. Concept Of Town Planning
• 1. SETTING OBJECTIVES -Specifying what organisation wants to achieve .
• 2. DEVELOPING PREMISES - It is concerned with the future , which is
uncertain. Therefore manager has to make certain assumptions about
future.
• 3. IDENTIFYING ALTERNATIVE COURSES OF 1ACTION - Once objectives are
set and assumptions are made, then the next step is to
• identify all possible alternative courses of action.
• 4. EVALUATING ALTERNATIVE COURSES OF ACTION - The positive &
negative aspect of each alternative need to be evaluated.
• 5. SELECTING AN ALTERNATIVE -The best plan has to be adopted , which
must be the most feasible , profitable and with least negative
• consequences.
• 6. IMPLEMENTING THE PLAN- This step is concerned with putting the
plan into action i.e. organising for labour & material.
• 7.FOLLOW UP ACTION - The managers monitor the plan carefully to
ensure that the premises are true in present situation.

6. Objective Of Planning

7. • 1. In crease in National Income
• 2. Superior Decisions
• 3. Achievement of Full Employment
• 4. Equal Distribution Of Wealth
• 5. Elimination or Regional Disparity
• 6. Improvement in The Balance Of Payment
• 7. Balanced Economy
• 8. Control of Economic Crises
• 9. Solution of Over Population
• 10. Self Sufficiency In Food
• 11. Industrial Development
• 12. Increase In welfare Program
• 13. Increase In Capital Formation
• 14. Elimination of Poverty
Importance

9. Thanks!!!