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Which is the primary objective of economic planning in India
- a)Abolition of poverty
- b)Removing unemployment
- c)Growth with social justice
- d)Reducing Inequalities of income
Correct answer is option 'C'. Can you explain this answer?
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Which is the primary objective of economic planning in Indiaa)Abolitio...
Primary Objective of Economic Planning in India
The primary objective of economic planning in India is to achieve growth with social justice. This means that economic development should not only focus on increasing GDP and overall economic growth, but also on ensuring that this growth is inclusive and benefits all sections of society.
Growth and Development
Economic planning in India aims to achieve sustainable economic growth and development by setting targets for key sectors of the economy. This includes increasing industrial production, agricultural output, and infrastructure development.
Social Justice
One of the key goals of economic planning in India is to reduce poverty, inequality, and unemployment. By focusing on social justice, the government aims to ensure that the benefits of economic growth are distributed equitably among all sections of society, especially marginalized groups.
Inclusive Growth
Economic planning in India also aims to promote inclusive growth, which means that the benefits of economic development should reach all sections of society, including rural areas and urban slums. This is essential for reducing income inequalities and improving the overall standard of living for all citizens.
Conclusion
In conclusion, the primary objective of economic planning in India is to achieve growth with social justice. By focusing on inclusive development and reducing inequalities, the government aims to create a more equitable and prosperous society for all its citizens.
The primary objective of economic planning in India is to achieve growth with social justice. This means that economic development should not only focus on increasing GDP and overall economic growth, but also on ensuring that this growth is inclusive and benefits all sections of society.
Growth and Development
Economic planning in India aims to achieve sustainable economic growth and development by setting targets for key sectors of the economy. This includes increasing industrial production, agricultural output, and infrastructure development.
Social Justice
One of the key goals of economic planning in India is to reduce poverty, inequality, and unemployment. By focusing on social justice, the government aims to ensure that the benefits of economic growth are distributed equitably among all sections of society, especially marginalized groups.
Inclusive Growth
Economic planning in India also aims to promote inclusive growth, which means that the benefits of economic development should reach all sections of society, including rural areas and urban slums. This is essential for reducing income inequalities and improving the overall standard of living for all citizens.
Conclusion
In conclusion, the primary objective of economic planning in India is to achieve growth with social justice. By focusing on inclusive development and reducing inequalities, the government aims to create a more equitable and prosperous society for all its citizens.
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Which is the primary objective of economic planning in Indiaa)Abolition of povertyb)Removing unemploymentc)Growth with social justiced)Reducing Inequalities of incomeCorrect answer is option 'C'. Can you explain this answer?
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