Mention of the objectives of Economic Environment towards India’s de

1.	Mention of the objectives of Economic Environment towards India’s development.
Answer» The main objectives of India’s development plans were: (a) Initiate rapid economic growth to raise the standard of living, reduce unemployment and poverty; (b) Become self-reliant and set up a strong industrial base with emphasis on heavy and basic industries; (c) Reduce inequalities of income and wealth; (d) Adopt a socialist pattern of development based on equality and prevent exploitation of man by man.

Mention of the objectives of Economic Environment towards India’s development.

Answer»

The main objectives of India’s development plans were:

(a) Initiate rapid economic growth to raise the standard of living, reduce unemployment and poverty;

(b) Become self-reliant and set up a strong industrial base with emphasis on heavy and basic industries;

(d) Adopt a socialist pattern of development based on equality and prevent exploitation of man by man.