A plan is a set of things to operate in a systematic order to achieve the definite target. Planning is the process of making decisions to achieve the goals or target.
Development planning is defined deliberate government attempt to implement, monitor, supervise as well as co-ordinate economic decisions made on economic issues of a nation. It is also known as economic planning of a nation. The concept of development planning was first introduced in 1917 A.D. in the former Soviet union.
Dalton says, "Economic planning in the widest sense is the deliberate direction by persons in charge of large resources of economic activity towards chosen ends."
The basic objective of development planning is to achieve sustainable economic development in primary, secondary and tertiary sectors of the nation.
Development planning helps in the of poverty alleviation through the creation of employment opportunities and social opportunities like education, health, etc.
Human development resource is the most important factor in implementing the plans and policies successfully. It states various effective programs to get benefits for those people directly or indirectly.
One important aim of planning is to increase economic condition of a country. Without the growth of economic condition, it is not possible to attain and maintain economic prosperity.
There is a vast economic imbalance between regions of a country and also between rural and urban areas. So the main importance of planning is to reduce this imbalance by implementing effective plans and programs.
Besides the above-mentioned importance, development planning provides the following benefits to the country
In Nepal, planned development started in 1956. The nation has seen the implementation of nine five-year plans and three three-year plans. This plan was a contribution to the economic and social development of the country, problems such as poverty, economic disparity, and social exclusion still needs to be addressed. Nepal is considered a least developed country but if development efforts are accelerated and political environmental commitment is for the coming, Nepal may be upgraded to a developing country.
The vision of this plan is to upgrade Nepal as a developed country from least developed by 2022.
Goal and Objective
The main goal is to decrease the proportion of the population living below the poverty line by triggering broad-based, employment-oriented, inclusive and equitable economic growth that would help alleviate poverty and establish a sustainable peace. Its objective is to bring about a direct positive change in the living standards by reducing the economic and human poverty prevalent in the nation.
The major strategies of 13th plan are as follows:
The major prioritized areas of 13th plan are as follows:
Plan formulation is a process of making new plan with reference to the previous evaluation of plans including evaluation and monitoring of existing plan. A good plan formulation requires following steps:
Adhikari, Ramesh Prasad, Economics-XI, Asmita Pustak Prakashan, Kathmandu
Kanel, Navaraj et.al., Principles of Economics-XI, Buddha Prakashan, Kathmandu
Kharel, Khom Raj et.al., Economics In English Medium-XI, Sukunda Pustak Bhawan, Kathmandu
Importance / Need of Development Planning
Process of Plan formulation