Resource planning is a systematic approach to ensuring the proper utilization of resources to meet the needs of a country. The stages involved in resource planning are:
- Identification and Inventory of Resources: This stage involves assessing and identifying available resources in the country. These resources could be renewable or non-renewable.
- Evaluation of Resources: Once resources are identified, their quality and quantity are evaluated to determine their availability and future potential.
- Resource Development: This involves the actual extraction, use, and conservation of resources. For example, developing irrigation systems for water resources or employing techniques for sustainable mining.
- Sustainable Management: Ensuring that resources are used wisely to prevent depletion and are conserved for future generations.
- Optimal Utilization: Ensuring that resources are utilized efficiently without causing environmental damage.