What is resource planning? Why is the planning of resources essential?

Resource Planning: Resource planning refers to the strategy for planned and judicious utilisation of resources. Resource planning is essential for sustainable existence of all forms of life. It is essential for India as there is enormous diversity in the availability of resources. For example, the state of Rajasthan has vast potential for the development of solar and wind energy but is deficient in water resources. The cold desert of Ladakh has rich cultural heritage but is deficient in water and some strategic minerals. The state of Arunachal Pradesh has abundance of water resources but lacks infrastructure which shows mere availability of resources in the absence of technology and institutions hinders development. This shows that the resource planning is needed at the national, regional, state and local levels for balanced development of a country. read less