Archive | Achievements

The following points highlight the twelve major achievements of economic planning in India. Achievement # 1. Increase in National Income and Per Capita Income: During planning period national income has increased manifold. The average annual increase in national income was registered to be 1.2 per cent from 1901 to 1947. This increase was recorded to be 3 per cent from [...]

Let us make an in-depth study of the major achievements and failures of economic planning in India. Major Accomplishments of Planning: (a) Higher Rate of Growth: Economic plan­ning in India aims at bringing about rapid eco­nomic development in all sectors. In other words, it aims at a higher growth rate. India's macroeconomic performance has been only moderately good in terms [...]