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The principal reason why national, economic planning is still being pursued inspite of embracing a market economy since 1991 is that

The principal reason why national, economic planning is still being pursued inspite of embracing a market economy since 1991 is that

(a)

it is a Constitutional requirement

(b)

the vast quantity of capital already deployed in the public sector needs to be nurtured

(c)

Five-Year Plans can continue to provide a long-term perspective to the economy in market-friendly fashions

(d)

the market economy is mainly confined to industry and commerce and central planning in agriculture is necessary

Answer:

Explanation