What is Economic Planning? Give objectives of last three five-year plan.

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Economic Planning: 

  • Economic planning is a time-bound programme to achieve certain objectives by allocating available resources. 
  • In the 10th five-year plan main objective was a reduction of poverty.
  • In the 11th five-year plan main objective was faster and more inclusive growth. 
  • In the 12th five-year plan main objective was faster, sustainable, and more inclusive growth.
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