What is the meaning of âIndicative Planningâ?
Points to Remember: Indicative planning’s core principle: Guiding, not dictating. Focus on coordination and consensus-building. Role of the government: Setting targets and providing incentives. Private sector’s role: Driving actual implementation. Success depends on accurate forecasting and effective implementation mechanisms. Introduction: Indicative planning represents a macroeconomic strategy where the government plays a significant role in guiding … Read more