According to the National Planning Committee established in India, how is economic planning defined?

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Economics · Economic Planning in India

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Planning as the technical coordination of production, consumption, investment, trade, and income distribution to achieve social goals

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Planning as the process of making political decisions by the ruling government

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Planning as the mere allocation of central financial resources to various economic sectors

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Planning as the technical coordination of production, consumption, investment, trade, and income distribution to achieve social goals

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Planning as a tool to address economic disparities and social injustices alone

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