Economic planning is when a government or organization decides what things are important and how to use the money to achieve certain goals. They make plans based on predictions and decide what rules to put in place to control the economy. The main goal of economic planning is to help the economy grow and improve in a way that can be maintained for a long time. Main Objectives of the Planning Process in India: Economic Growth: Objective: Achieving a sustained and inclusive economic growth rate to enhance the overall standard of living and promote development across various sectors. Social Justice and Poverty Alleviation: Objective: Reducing poverty and ensuring equitable distribution of resources to uplift the socio-economic conditions of the marginalized and disadvantaged sections of society. Infrastructure Development: Objective: Building and upgrading infrastructure, including transportation, communication, energy, and water resources, to support economic activities and improve the quality of life. Human Capital Development: Objective: Investing in education, healthcare, and skill development to enhance the capabilities and productivity of the workforce, fostering overall national development.

1. Objectives of planning process
Economic planning is when a government or organization decides what
things are important and how to use the money to achieve certain goals.
They make plans based on predictions and decide what rules to put in
place to control the economy. The main goal of economic planning is to
help the economy grow and improve in a way that can be maintained for a
long time.
Main Objectives of the Planning Process in India:
1. Economic Growth:
● Objective: Achieving a sustained and inclusive economic
growth rate to enhance the overall standard of living and
promote development across various sectors.

2. 2. Social Justice and Poverty Alleviation:
● Objective: Reducing poverty and ensuring equitable
distribution of resources to uplift the socio-economic
conditions of the marginalized and disadvantaged sections
of society.
3. Infrastructure Development:
● Objective: Building and upgrading infrastructure, including
transportation, communication, energy, and water resources,
to support economic activities and improve the quality of life.
4. Human Capital Development:
● Objective: Investing in education, healthcare, and skill
development to enhance the capabilities and productivity of
the workforce, fostering overall national development.
5. Employment Generation:
● Objective: Creating job opportunities to address
unemployment and underemployment, contributing to
poverty reduction and socio-economic empowerment.
6. Rural Development:
● Objective: Focusing on the development of rural areas by
promoting agricultural growth, rural infrastructure, and
sustainable livelihoods to reduce regional disparities.
7. Environmental Sustainability:
● Objective: Integrating environmental concerns into
development planning to ensure sustainable and eco-friendly
growth, preserving natural resources for future generations.
8. Industrialization and Technology Advancement:
● Objective: Promoting industrialization, innovation, and the
adoption of technology to enhance productivity,
competitiveness, and economic diversification.
9. Inclusive Development:
● Objective: Ensuring that the benefits of development reach all
sections of society, regardless of socio-economic status,
caste, gender, or geographical location.

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