Question

Which of the following is not a feature of Indian economic planning?

विकल्प

• Development planning

• Indicative planning

• Democratic planning

• Centralized planning

Answer 1

Development planning

Explanation:

Democratic planning strives to eliminate income and wealth inequality through peaceful means such as taxation and government spending on social welfare and social security programs. Individual liberty reigns supreme, with people enjoying social, economic, and political liberty. Indicative planning is a type of economic planning used by governments to address the problem of imperfect information in markets by coordinating private and public investment through projections and production targets.

A local government's policies and suggestions for fand usage in their area are outlined in a development plan. In the United Kingdom, the word is commonly used. One sort of development plan is a local plan. Centralized planning entails that decisions be made holistically at a higher level rather than separately at the local level.