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What is resource planning? What is the need for planning of resources? Describe the three stages involved in resource planning.                                                                                                                           [AI 2005]

Answer:

Resource planning is a technique of planned utilisation of resources. As resources are limited and unevenly distributed over the country, their planning is very essential. The three stages of resource planning are:

(i) Preparation of inventory of resources.

(ii) Evaluation in terms of economy, need and available technology.

(iii) Planning for exploitation of resources which involves action oriented planning involving use and reuse of resources.