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

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.
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11y ago
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12y ago

resource is so important in a country like india because to tell the truth , india is one among the highest poverty seen country as well as one of the highest depositor of black money as per the strategy.

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Q: Why is resource planning necessary in India?
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