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Success and Failures of Economic Planning in India | Economics

India has completed about six decades (1951-2008) of planning. During the Plan Period it has achieved success in some directions and failed in other areas. So, India's experience during the Plan Period presents a mixed picture. Here, we present a broad overview of the success and failure of planning. 1. Achievements of Planning: (i) Increase in National and Per Capita [...]

By |2017-03-04T14:07:50+05:30March 4, 2017|Economic Planning|Comments Off on Success and Failures of Economic Planning in India | Economics

Essay on Economic Planning in India

Essay on Economic Planning in India! Plan Formulation Vs. Implementation: Conflict between Growth and Equity: 1. Continuing Unemployment: In India, achievement of growth did not ensure full development nor did it lead to removal of poverty, which have consistently been the goals of economic planning. Mainly due to implementation failure, there was more unemployment at the end than at the [...]

By |2017-03-04T14:07:47+05:30March 4, 2017|Economic Planning|Comments Off on Essay on Economic Planning in India
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