The principal reason why national economic planning is still

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

I.A.S. (Pre) 1994

[Fiscal Policy, Inflation Planning and Banking]

it is a constitutional requirement

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

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

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

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