Question

Mixed economy

28 May 2024
Answer :
Word Count : 522

Decentralized planning and Panchayati Raj are significant components of the Indian mixed economy, which combines elements of both socialism and capitalism. Here's a brief overview:

Decentralized Planning:
Decentralized planning refers to the process of involving local governments, such as panchayats, in the planning and implementation of development projects. In India, decentralized planning aims to ensure that development policies and programs are tailored to the specific needs and conditions of local communities. This approach was introduced to promote grassroots democracy and empower local authorities to make decisions ______ _________ ___ _________ ___ _______ _____ ______ ______ _____ ____ _______.
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