Ask a Teacher
why was it necessary for a developing country like India to follow self reliance as planning objective? |
Self-reliance implies discouraging the imports of those goods that could be produced domestically. Achieving self-reliance is of prime importance for a developing country like, India as otherwise, it would increase the country’s dependence on foreign products. Therefore, achieving self-reliance is an important objective for developing countries in order to avoid themselves from being acquiescent to the developed nations. |