Business Environment, 2nd Edition

CHAPTER 02

Planning in India

CHAPTER OUTLINE

• The Emergence of Planning
• The Planning Commission
• The National Development Council
• Objectives of Planning in India
• Five-Year Plans
• Distribution of Public Sector Outlay of Each Plan
• Tenth Five-Year Plan (2002–07)
• Five-Year Plans—Achievements and Failures
• Eleventh Five-Year Plan (2007–12)
• Liberalisation and Planning
• Case
• Summary
• Key Words
• Questions
• References

THE EMERGENCE OF PLANNING

The need for planned, coordinated economic development under government guidance was recognised all along the freedom movement. In the 1930s, as the freedom struggle intensified, social and economic aims also became more well defined. In December 1938, Subhash Chandra Bose, as the Congress President, laid great stress ...