Question

Read the text in the pic then answer this question in 40 to 60 words:
Why is India called Planned Economy?

Answer 1

India is a called planned economy because due to following reasons..:-

1)Through planning the country sets its priorities first and provide thefinancial estimates to achieve the same...

2) After every plana review is made analysing the achievments and short falls...

3) Today india is a growng economy and recoganised every where as a future economic power.. all these are possible due to planning in india....