Highlight the importance of planning in five – year plans.

1.	Highlight the importance of planning in five – year plans.
Answer» Planning started in India in 1951, Till present time, 6 annual plans and twelve five – year plans have been made and implemented. Five – year plans priorities planning and aim to achieve their objectives. Importance of planning in Five Year Plans can be assessed by some of its achievements: 1. Agricultural output has increased due to 5 – year plans. 2. Development of industries. 3. Increase in transportation and communication facilities. 4. Promotion of education. 5. Expansion of total size of foreign trade. 6. Increase in national income, domestic savings, appropriation rates, increased self – dependence.

Answer»

Planning started in India in 1951, Till present time, 6 annual plans and twelve five – year plans have been made and implemented. Five – year plans priorities planning and aim to achieve their objectives.

Importance of planning in Five Year Plans can be assessed by some of its achievements:

1. Agricultural output has increased due to 5 – year plans.

2. Development of industries.

3. Increase in transportation and communication facilities.

4. Promotion of education.

5. Expansion of total size of foreign trade.

6. Increase in national income, domestic savings, appropriation rates, increased self – dependence.

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