Long period objectives which are common to all five year plans are called 'Objectives of Planning'. This video explains the meaning of Mordernisation, Self-reliance and Equity. Adoption of new technology is called modernisation. Self-reliance means avoiding imports of those goods which could be produced in India itself. The first seven five years plans gave importance to self-reliance. It is important to ensure that the benefits of economic prosperity reach the poor section as well instead of being enjoyed only by the rich . So in addition to growth, mordernisation and self-reliance ,equity is also important. Equity means Inequality in the distribution of wealth should be reduced. Every Indian should be able to meet his or her basic needs such as food , a decent house, education and health care.
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V-125 Objectives of Planning (Growth)
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V-124 Plan || Meaning of Economic Planning || Objectives of plan
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V- 123 Types of Economies || Capitalistic Economy || Socialist Economy || Mixed Economy
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V-122 Positive Contribution of British Rule
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V- 121 Infrastructure on the eve of independence
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V-120 Occupational Structure on the eve of Independence
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V-119 Demographic Conditions on the eve of Independence (Part-2)
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V- 118 Demographic Conditions on the eve of Independence (Part-1)
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V-117 Foreign Trade on the eve of independence
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V-116 Industrial sector on the eve of independence (part-2)
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V-115 Industrial sector on the eve of independence - an introduction
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V-114 Causes of Stagnation in Agriculture Sector
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V-113 Land Tenure System
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V-112 Agriculture Sector on the eve of Independence
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V-111 Indian Economy on the eve of Independence (An Introduction)
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