Development Planning

                                                                         A plan is a set of things or activities to operate in a systematic order to achieve definite targets or objectives. It is an act that every individual or household or institution can prepare with define goal. Similarly, the act or process of making plans to meet definite goals or objectives is planning. In the similar way, economic planning is the act or process of making plans related to economic activities to meet certain objectives of a person or a household or an institution or a country. 
                                                             Development planning is closely related to economic activities of a nation. Therefore, it is also known as economic planning of a nation. The concept of development planning was first introduced in 1917 A.D. in the former Soviet Union. It is defined as deliberate government attempt to implement, monitor, supervise as well as coordinate economic decisions made on economic issues of the nation. In the other words, it is defined as the conscious and deliberate choice of economic priorities by some public authorities.  The basic objective of development planning is to achieve sustainable economic development in primary, secondary and tertiary sectors of the nation.

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