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Consider the following statements: a. Indian planning is indicative of economic planning. b. Indian planning is physical planning. c. Indian planning is social planning. Which of the statements given above are correct?

Consider the following statements: a. Indian planning is indicative of economic planning. b. Indian planning is physical planning. c. Indian planning is social planning. Which of the statements given above are correct? Correct Answer All of the above

The correct answer is All the above.

  • Economic planning refers to the path of actions in terms of policy actions to be followed in the future, pursuing predetermined goals.
  • The Planning Commission (now NITI Aayog) describes economic planning as using country capital in line with national goals for growth activities.
  • Physical planning involves economic planning and coordination of disaggregated physical units, whereas financial planning involves financial unit plans.
  • Planning in India has been conceived as a comprehensive process of development of defined social ends in terms of material and human resources.
  • Thus, it can be said that Indian planning has been an amalgamation of economic, physical and social planning.

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