Question:

What is meant by resource planning ?

Show Hint

Think of resource planning like managing your monthly pocket money. First, you identify how much you have (inventory). Second, you plan how to spend it with the tools you have (planning structure). Third, you ensure your spending aligns with your overall goals (matching with national plans).
Hide Solution
collegedunia
Verified By Collegedunia

Solution and Explanation


Resource planning is a strategy or technique for the judicious and systematic use of resources. It is essential for the sustainable development of a country, especially one like India which has immense diversity in the availability of resources.
The process of resource planning typically involves three main stages: \begin{enumerate} \item Identification and Inventory of Resources: This involves surveying, mapping, and making a qualitative and quantitative estimation of the resources across the regions of a country. \item Developing a Planning Structure: This involves creating a suitable planning framework equipped with appropriate technology, skills, and institutional setup for implementing resource development plans. \item Matching Resource Development Plans with National Development Plans: This involves aligning the resource development plans with the overall national development goals and objectives. \end{enumerate} In simple terms, resource planning means deciding how to use a country's resources in the best possible way to meet the needs of the present generation without compromising the ability of future generations to meet their own needs.
Was this answer helpful?
0
0