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What is meant by decentralized planning?

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CBSE/Class 12/Humanities/Political Science Tuition/Class XI-XII Tuition (PUC)

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Decentralised planning is a kind of percolation of planning activities or process from the Centre to the sub- state levels, i.e., district, sub-division, block and village level. Since the inception of First Plan, the importance of decentralised planning was emphasised in order to achieve active people's... read more
Decentralised planning is a kind of percolation of planning activities or process from the Centre to the sub- state levels, i.e., district, sub-division, block and village level. Since the inception of First Plan, the importance of decentralised planning was emphasised in order to achieve active people's participation in the planning process. read less
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A decentralized-planned economy or decentrally-planned economy (occasionally horizontally-planned economy) is a type of economic system based on decentralized economic planning, in which decision-making is distributed amongst various economic agents or localized within production units.
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Its a type of economic system based on decentralized economic planning in which decision making is distributed amongst various economic agents within production units.
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