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The rationale behind choosing Self-reliance as a planning objective for the Indian economy are as follows:-
- To reduce foreign dependence: Planning objective of Self-reliance targeted to promote economic growth and modernization, the Indian five-year plans in the early years of the post-independence era stressed the use of domestic resources in order to reduce our dependence on foreign countries.
- To avoid foreign interference: In the post-independence era, it was feared that the dependence on imported food supplies, foreign technology, and foreign capital may increase foreign interference in the policies of our country.
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Rudrashekhar Rana 3 years, 5 months ago (13195346)
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