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Discuss the Economic planning of Democratic planning and Totalitarian planning?

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Democratic Vs Totalitarian:

1. Democratic planning implies planning within democracy. 

2. People are associated at every step in the formulation and implementation of the plan. 

3. A democratic plan is characterized by the widest possible consultations with the various state governments and private enterprises at the stage of preparation. 

4. The plan prepared by the Planning Commission is not accepted as such.

5. It can be accepted, rejected or modified by the Parliament of the country. 

6. Under totalitarian planning, there is central control and direction of all economic activities in accordance with a single plan. 

7. Consumption, production, exchange, and distribution are all controlled by the state. In authoritarian planning, the planning authority is the supreme body. 

8. It decides about the targets, schemes, allocations, methods and procedures of implementation of the plan.

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