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in Economics by (60.1k points)

Give the achievements of economic planning?

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Major achievements of economic planning are:

1. Economic planning helps in increasing the National Income of the country.

2. Economic planning helps in raising the per-capita income of the people in country.

3. Economic planning helps in better capital formation for the growth and development of a country.

4. Planning has made way for the institutional reforms in agriculture and Green Revolution.

5. The economic planning brought the changes in the economy by increasing the importance of industries.

6. Economic planning helps in development of sound economic infrastructure for the economy to work smoothly.

7. Even economic plannings also helps in development of social infrastructure like Providing better health, education, etc.,

8. Economic planning leads to high employment generation or opportunities for people in a country. 9. It helps in building a modem country.

10. Economic planning helps us in achieving self sufficiency and self reliance.

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