UrbanPro
Login Ask & Answer Success Stories Paid Courses Free Classes Tuition & Classes Fees Write a Review All Categories Help Center
Post your Learning Need Signup as a Tutor
✕

Popular Cities

Bangalore

Hyderabad

Delhi

Mumbai

Chennai

Pune

Kolkata

Gurgaon

Ahmedabad

Jaipur

Noida

✕

Take Class 12 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Book a Free Demo

Class 12 Tuition > Learn Economics > Explain ‘growth with equity’ as a planning objective.
✕

Search in

Explain ‘growth with equity’ as a planning objective.

Asked by Last Modified  

3 Answers

Learn Economics

Follow 2
Answer

Please enter your answer

experience the power of knowledge

1. Growth refers to the increase in GDP over a long period of time. 2. Equity refers to an equitable distribution of GDP so that the benefits of economic growth are shared by all. 3. Growth is not only responsible for the welfare of people. 4. Growth with equity helps to achieve planning of objective...
read more
1. Growth refers to the increase in GDP over a long period of time. 2. Equity refers to an equitable distribution of GDP so that the benefits of economic growth are shared by all. 3. Growth is not only responsible for the welfare of people. 4. Growth with equity helps to achieve planning of objective and development with social justice. read less
Comments
Dislike Bookmark

Expertise in using new teaching methodology to explain difficult topics.

Growth and equity represent dual objectives of Indian planning. While growth refers to an increase in national income over a long period of time, equity refers to an equitable distribution of this income ,To bring about social justice, economic growth should benefit all sections of the population. Growth...
read more
Growth and equity represent dual objectives of Indian planning. While growth refers to an increase in national income over a long period of time, equity refers to an equitable distribution of this income ,To bring about social justice, economic growth should benefit all sections of the population. Growth is desirable, but growth in itself does not guarantee the welfare of society. The market value of goods and services produced in an economy (GDP) is the measure of growth, but it does not guarantee a fair distribution of wealth.Therefore, growth with equity is a rational and desirable objective of planning because a big share of GDP might be owned by a small section of the population, which may lead to the exploitation of weaker sections of society.This objective ensures that the benefits of high growth are shared by all the people equally and hence, inequality of income is reduced along with growth in income. read less
Comments
Dislike Bookmark

IELTS, Interviewer, Spoken English trainer with 2 years of experience in IELTS industry.

Both growth and equity are dual objectives of Indian planning. While growth refers to the increase in national income over a long period of time, equity refers to an equitable distribution of this income so that the benefits of higher economic growth can be passed on to all sections of the population...
read more
Both growth and equity are dual objectives of Indian planning. While growth refers to the increase in national income over a long period of time, equity refers to an equitable distribution of this income so that the benefits of higher economic growth can be passed on to all sections of the population to bring about social justice. Growth is desirable but growth in itself does not guarantee the welfare of society. Growth is assessed by the market value of goods and services produced in the economy (GDP) and it does not guarantee an equitable distribution of income. In other words, the major share of Gross Domestic Product (GDP) might be owned by a small proportion of the population, which may result in the exploitation of weaker sections of society. Hence, growth with equity is a rational and desirable objective of planning. This objective ensures that the benefits of high growth are shared by all the people equally and hence, inequality of income is reduced along with growth in income. read less
Comments
Dislike Bookmark

View 1 more Answers

Related Questions

 Infrastructure contributes to the economic development of a country. Do you agree? Explain.
Yes, I agree that infrastructure contributes to the Economic development of a nation. For any development to take place, infrastructure is the basic requirement. Roads, bridges ,Railway lines boost the...
Swapna
0 0
5
 What is the most important function of RBI?
The most important function of RBI is that it issues currency notes and coins except one rupee note and coin.
Santosini
0 0
5
China’s rapid industrial growth can be traced back to its reforms in 1978. Do you agree? Elucidate.
Yes, China's rapid industrialization is the result of several economic reforms implemented in stages since 1978. Agriculture, foreign trade, and investment reforms were all started in the first phase. Land...
Pradeep
0 0
5
Explain the steps taken by the government in developing rural markets.
The government has made the following initiatives to develop rural markets. 1. Market Regulation - The government has established regulated marketplaces in which the selling and purchase of produce is...
Harsh
0 0
5
Name some notable economists who estimated India’s per capita income during the colonial period.
Dadabhai Naoroji, William Digby, Findlay Shirras, V.K.R.V. Rao, and R. C Desai.
Subhash
0 0
6

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

When was the Suez Canal opened? How did it affect the Indian economy?Explain
Suez Canal was opened in 1869. Suez Canal is an artificial waterway running from North to South across the Isthmus of Suez in North-Eastern Egypt. It is one of the most important waterways in the world....

Sujoy Das

0 0
0
How is China able to lead in all the human development indicators?
China is able to lead in almost all the human development indicators since the establishment of infrastructure in the areas of education and health, land reforms, long existence of decentralised planning...

Sujoy Das

1 0
0
How did the construction of railways affect the structure of the Indian economy?
In India, railways was introduced by British in 1850, however it begans its operation in 1953. It affected the structure of the Indian economy in many ways (i) It enabled people to undertake long distance...

Sujoy Das

0 0
0
Write the advantages of pilot survey.
Advantages of pilot survey are (i) The questions to he asked are being tested through pilot survey. (ii) The problems which may arise during large survey are guessed and solutions are found out. (iii)...

Sujoy Das

2 0
0
Justify that energy crisis can overcome with the use of renewable sources of energy.
The energy crisis in India is the result of excessive use of non-renewable sources of energy for present consumption which has created a threat for sustainable development of the country. The conventional...

Sujoy Das

1 0
0

Recommended Articles

Meet Urmila, an MBBS tutor from Bangalore

Urmila is a passionate teacher with over 8 years of experience in teaching. She is currently pursuing her Ph. D. She provides classes for Class 11, Class 12, MBBS and Medical tuition.  Urmila began her career in teaching long before she became a teacher. She used to provide classes for foreign national students in her college...

Read full article >

Meet Swati, a Hindi Tutor from Bangalore

Swati is a renowned Hindi tutor with 7 years of experience in teaching. She conducts classes for various students ranging from class 6- class 12 and also BA students. Having pursued her education at Madras University where she did her Masters in Hindi, Swati knows her way around students. She believes that each student...

Read full article >

Meet Sandhya R, a B.Sc tutor from Bangalore

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Meet Mohammad Wazid, a skilled trainer for...

Mohammad Wazid is a certified professional tutor for class 11 students. He has 6 years of teaching experience which he couples with an energetic attitude and a vision of making any subject easy for the students. Over the years he has developed skills with a capability of understanding the requirements of the students. This...

Read full article >

Find Class 12 Tuition near you
Class 12 Tuition in Delhi
Class 12 Tuition in Bangalore
Class 12 Tuition in Chennai
Class 12 Tuition in Hyderabad
Class 12 Tuition in Kolkata
Class 12 Tuition in Mumbai
Class 12 Tuition in Lucknow
Class 12 Tuition in Pune
Class 12 Tuition in Gurgaon
Class 12 Tuition in Noida
Online Tuition Class 12

Looking for Class 12 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Class 12 Tuition Classes?

The best tutors for Class 12 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 12 Tuition with the Best Tutors

The best Tutors for Class 12 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more

ThinkVidya Learning Pvt Ltd © 2010-2025 All Rights Reserved