Indian Economy 1950-1990 — Economics STD 12 Commerce — Question

Since the resources are limited so one can not each and every objective in one go. One needs to fix some goals and plan to achieve its priority wise in a specific period of time. A plan should have some general goals as well as specific goals which are to be achieved within a specified period of time. Goals are desired achievement for which all the efforts and resources are directed to attain it. It also checks wastage.