Assertion (A) In a planned economy, a certain degree of wage regulation by the state becomes inevitable as an integral part of planning itself.
Reason (R) It is socially desirable for wage earners to live on a healthy and decent plane and to participate freely in industrial government and that the state should interfere in the economic relationship of its citizens whenever these attainable ideals are not realised.

A. (A) is correct and (R) explains (A) incorrect

B. (A) is incorrect and (R) is correct

C. (A) is correct and (R) is incorrect

D. Both (A) and (R) are correct, but (R) fails to explain (A)

Answer: Option A