The Plan aimed at increasing the rate of investment from 7% to 11 % of the national income by 1960-61. This plan increased the scope of industrialization by increasing the production of iron and steel, heavy chemicals, development of heavy engineering and machine building industries.
⎇ This plan increased the scope of industrialization by increasing the production of iron and steel, heavy chemicals, development of heavy engineering and machine building industries.
This chapter seeks to help you understand the concept of social planning and social policy. It will enable you to appreciate the interrelationship between planning, policy and development as the ultimate objective. It will also acquaint you with social planning experience in India since last fifty years, which would help you understand as to how approach and focus of planning and policies have shifted over a period of time in accordance with the changing socio-economic and political realties anning is the process of preparing a blueprint of actions to attain stated objectives within a time frame. The determination of objectives, the specifications of targets, the strategy for mobilization of resources, the allocation of outlays to different development sectors, the blueprint of actions (including their operationalisation in the shape of policies, programmes and their delivery system) are aspects which have to be considered in any planning exercise. M.Webber defines planning as the process of making rational decisions about future goals and future courses of action, which relies upon explicit tracing of repercussions and the value implications associated
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