Describe the achievements and failures of economic planning in india. Plz dont send any link , kindly provide the ans.

Dear student, 

The following are the achievements of planning in India:
  • Rise in the national income
  • Rise in the per capita income
  • Improvement in the rate of capital formation
  • Land reforms and technical reforms in agriculture
  • Growth of industrial sector
  • Development of economic and social infrastructure
  • Rise in foreign trade
The following are the failures of planning in India:
  • Significant level of poverty
  • Unemployment
  • Rising population
  • High inflation rates
  • Inadequate infrastructure
  • Rise in inequality 
A detailed explanation of the topic is available on our website. You can view the same following the below mentioned path:
Class XI- Economics- Studymaterial- Indian Economic Development- Indian economy 1950-1990

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