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Sociology Optional PYQ Solutions · Model answer

Examine the importance of Development Planning in Indian Mixed Economy and analyze its problems and prospects.

  • UPSC 2019
  • Visions of Social Change in India

India's mixed economy was necessarily a planned economy: only a plan could reconcile private self-interest with social gain where the state held the commanding heights but four-fifths of output lay in private hands. Planning was adopted to give economic content to political freedom. Its importance, failures and future are judged against that ambition.

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What the full answer covers

  • Importance
  • Problems
  • Prospects
  • Conclusion

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