GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In broad sense the objective of Indian Planning is-
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To accelerate industrial production
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To increase national income
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To create and increase employment opportunities
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To ensure growth with justice
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Explanation:
Detailed explanation-1: -It includes increase in national income or per-capita income, achieving full employment, social justice and equitable distribution, poverty alleviation, self-sufficiency and modernisation, etc. Achieving all these objectives would be termed as ‘Growth with Social Justice’.
Detailed explanation-2: -The basic objectives of Indian planning are growth, modernisation, self-reliance, and social justice.
Detailed explanation-3: -Hence, growth with equity is a rational and desirable objective of planning. This objective ensures that the benefits of high growth are shared by all the people equally and hence, inequality of income is reduced along with growth in income.
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