why is is essential for resource planning? explain any 5 reasons? pls ans as fast as possible!

Dear Student
Answer to your question is as follows :

A strategy for judicious use of resources is called a resource planning. It is important because they are the basis of all economic activities which are the necessary for the development of a nation

Need for Resource Planning:

• Many resources are limited in nature
• overutilization of resources can cause energy crisis
• resources are present in inadequate amount in different places
• excess use of resources can cause environment depletion
• unjudicious use can cause global problems like pollution.

Resource planning is a complex process which involves three stages:

1. to identify the resources across the regions of the country. The methods can be surveying, mapping and qualitative and quantitative estimation and measurement of the resources.

2. To develop a planning structure endowed with appropriate technology, skill and institutional set up for implementing resource development plans.

3. To coordinate the resource development plans with overall national development plans . It refers to meeting the requirements of larger plans of the nation.