Economic Planing

8/8/2019 Economic Planing

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ECONOMIC PLANNING IN

INDIA

Prepared by:-P Sirish Kumar


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Economic Planning is to make decision with respect to

the use of resources.

In communist countries the government makes both

micro- and macroeconomic decisions.

Microeconomic decisions include what goods andservices to produce, the quantities to produce, the prices

to charge, and the wages to pay.

Macroeconomic decisions include the rate of

investment and the extent of foreign trade.

Economic planning in India was stared in 1950 isnecessary for economic development and economic

growth.


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Economic Growth.

Reduction Of Economic In

Equalities.

Balanced Regional Development.Modernization.

Reduction Of Unemployment.


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Planning commission of India was setup in March1950 by government of India. The task beforeplanning commission of India are:-

Effective Utilization of Resources.

Prepare Five Year Plan Along With its Objective.

Co-ordination with State Government of India ForExecution of Plan.

Determination Of Priorities, Stages Of Plan and

Propose of Allocation Of Resources For DueCompletion Of Stages.


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Chairman- Dr. Manmohan Singh

Prime Minister

Deputy Chairman- Shri Montek singhAhluwalia

Member Secretary- Shri Rajeev Ratna

Shah


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Income & Poverty

Accelerate growth rate of GDP from 8% to 10% and

then maintain at 10% in the 12th Plan in order to

double per capita income by 2016-17.

Increase agricultural GDP growth rate to 4% per year.

Reduce educated unemployment to below 5%.

Raise real wage rate of unskilled workers by 20

percent.


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Reduce dropout rates of children fromelementary school from 52.2% in 2003-04 to20% by 2011-12.

Increase literacy rate for persons of age 7 yearsor more to 85%.

Lower gender gap in literacy to 10 percentagepoints.

Increase the percentage of each cohort going tohigher education from the present 10% to 15%by the end of the 11th Plan.


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Provide clean drinking water for all by 2009 and

ensure that there are no slip-backs by the end of

the 11th Plan.

Reduce malnutrition among children of age group0-3 to half its present level.

Reduce anemia among women and girls by 50%

by the end of the 11th Plan.


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Ensure that at least 33 percent of the direct and

indirect beneficiaries of all government schemes

are women and girl children.

Ensure that all children enjoy a safe childhood,without any compulsion to work


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Increase forest and tree cover by 5 percentage

points.

Attain WHO standards of air quality in all major

cities by 2011-12.Treat all urban waste water by 2011-12 to clean

river waters.

Increase energy efficiency by 20 percentage

points by 2016-17


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Documents

Economic Planing