'mixed economy is the basic framework of planning in india.' justify the above statement.

  • -2
In india we are following Mixed economic system. Right. So, In a mixed economy Government and the market both answers the three questions:
1.What to prodece?
2.How to produce?
3.How to distribute?
So, when our planning economic planning was going on, this mixed economy was taking into consideration because we have a socialistic approach. So thats why mixed economy is the basic framework of planning in India.
  • -2
225
  • -2
What are you looking for?