Question

how does economic planning take place in a mixed economy​

Answer 1

What is Economic Planning:-

Economic Planning. Planning is defined as conceiving, initiating, regulating and controlling economic activity by the state according to set priorities with a view to achieving well-defined objectives within a given time.

How does economic planning take place in a mixed economy ?

The experience of planning, under the Indian mixed economy clearly suggests that any regulations and controls of the private sector should be carefully planned on the basis of economic principles and then those should be implemented with decisiveness.

Answer 2

Answer:

The experience of planning, under the Indian mixed economy clearly suggests that any regulations and controls of the private sector should be carefully planned on the basis of economic principles and then those should be implemented with decisiveness