Definition and Evolution
The term planning is ubiquitous in our daily lives, encompassing preparation, thought process, and action towards achieving specific goals. In the context of economic development in India, planning has transitioned from traditional methods to a more systematic approach post-Independence, where it initially adopted a centralized planning model via the Planning Commission. However, since the establishment of NITI Aayog on January 1, 2015, India has shifted its focus toward a decentralized multi-level planning system, involving states in economic policy formulation.
Planning strategies in India can be categorized as sectoral planning (which deals with distinct sectors like agriculture and manufacturing) and regional planning (which addresses the spatial distribution of economic development). As regions within a country develop at varying rates, regional planning aims to lessen these disparities by recognizing and incorporating regional characteristics into development strategies. Target area programs, such as those focused on drought-prone or tribal areas, have been implemented to specifically address the needs of lagging regions while enhancing their economic capabilities. Ultimately, effective regional and sectoral planning is essential in India to promote balanced economic development and improve living standards across different communities.