Report
Question

Prof. Myrdal introduced the rolling plan.

The term ‘Rolling Plan’ means adaptable and resourceful projects to change conditions.

Such a plan is based on ‘trial and error,’ and no fixed targets are set.


The features of the rolling plan are given below:


The rolling plan does not attempt to work out growth targets for any particular future year but only lays down specific broad objectives that must be achieved over some time, say five years.

The plan envisages changes in the growth rate depending on the success or failure in achieving its targets.

The plan does not make provisions for expenditures on any new institutional structure. Still, it makes provisions for expanding existing institutions depending upon the availability of resources and success in achieving the desired results.

In this type of planning, emphasis is laid on a multisectoral approach and coordination among various sectors through which economic development may be possible


Hence, the correct option is B. Prof. Myrdal.

solved 5
wordpress 4 mins ago 5 Answer 70 views +22

Leave a reply

 Prev question

Next question