Why is Resource Planning Important for a Country like India?

By Shivank Goel|Updated : September 5th, 2022

Resource Planning is important for a country like India because certain regions of the country have ample resources and are self-sufficient and independent. At the same time, there are others where there is a scarcity of essential resources, which calls for resource planning. Proper and balanced planning of resources is very much required at all levels, including regional, national, local, and state, especially in developing countries like India.

Importance of Resource Planning

In the case of developing nations like India, proper planning is very important for the smooth administration and development of the country. When it comes to regions where resources are limited and are dependent on external factors for the same, balanced resource planning comes into play. Resource Planning refers to the strategy or planning for the proper utilization of resources and is needed at all levels. It helps in the following ways:

  • Identification of different resources in the country
  • Reduction in the wastage of resources
  • Conservation of the non-renewable resources

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FAQs

  • Resource planning refers to the identification, conservation & utilization of various resources for a balanced development of the country.

  • ‘Resource Planning’ in India is needed to ensure proper allocation and utilization of resources.

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