With reference to the concept of 'Indicative Planning' adopted in India, consider the following statements: 1. It operates through market mechanisms rather than direct administrative commands. 2. The state's role shifts from being an allocator of resources to a facilitator of investment. 3. It completely eliminates the public sector from participating in core infrastructure development. Which of the statements given above is/are correct?

Options:

  • A: 1 and 3 only
  • B: 2 and 3 only
  • C: 1, 2 and 3
  • D: 1 and 2 only

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