State whether true/false.

Resource planning is a complex process.

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True

False

answer is A.

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Detailed Solution

The statement is true. Resource planning is a complex process involving the Identification and inventory of resources across the country's regions. It includes surveying, mapping, and qualitative and quantitative resource estimate and measurement. Developing a planning framework involves harnessing the necessary technology, skills, and institutional infrastructure to carry out resource development plans. Match the resource development plans with national development strategies. Any region's potential to expand depends on the availability of resources, but a scarcity of resources due to a lack of equivalent changes in technology and institutions might prevent development. The country has several resource-rich locations. However, these areas are also in the economically underdeveloped parts of the country. On the other hand, some places have a limited resource base yet are economically developed, hence calling for resource planning in India.

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