Assignment of Development Planning in Bangladesh-Trends of Change

The need for development planning for attaining economic growth arises because of and development throughout the developing and least developed (LDC) nations of the world the economics situation has been vitiate by that is known as the vicious circle of poverty-“we are because we are poor.” In the least developed nations of the word national income is mostly spent on current consumption and because the people are poor the governments cannot raise more and because governments cannot rise more taxes they cannot Invest capital national income does not increase and so more lavestmente cannot be made. The vicious circle is soughed he through aid from the developed nations.

Development plans in the developing and least developed countries basically seek to achieve-
· Rapid economic growth measured in terms of GNP;
· Expansion of employment opportunities for the unemployed and under-employed by a suitable combination of projects and programmes;
· Distribute justice through effective fiscal and pricing policies and by opening economic opportunities for lower income groups;
· Order into the planning and execution of government expenditure, especially in the capital sector

Development plans are conducted in different time frames: iong term or perspective (10-20 years), medium to (5-7 years), and short term (1-2 years). The perspective plan outlines the hopes and aspirations of the society on a long time frame for social and economic development with predictions about mobilisation of resources for attainment of these goals.

Usually Plans will prophes to take measures for three
1. Basic goals-life sustenance.
2. Self-esteem and
3. Freedom for servitude

· Increase in the rate of growth of GNP (for example, Bangladesh First Five Year Plan, attempted atleast 5.5 per cent growth per annum)
· Reduction of poverty requiring, as the Bangladesh First Five Year Plan envisaged, an extension of employment opportunities for the unemployed and underemployed as well as attaining equitable distribution of income through effective fiscal and pricing policies.
· Extension of output of essential consumption items with a view to providing immediate consumption requirements of the people-food, clothing, shelter, healthcare, education, etc.
· Promotion of self-reliant economy with increased moibilisation of domestic resources and lesser dependence on external aid.
· Built-in institutional framework for population control and family planning.
· Reduction of disparity in economic growth between the rural sector and the urban sector of the economy.
· Ensuring increased mass participation in economic and social development programmers.