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The economic system at present prevalent in India is quasi market oriented. In was in 1992 that reforms in Indian economy were initiated by the then Finance Minister Dr. Manmohan Singh. After 20 years as of now, the Indian economy has been opened partially to foreign investors, though vital sectors like Retail market, insurance, bank need liberalization which cannot be implemented due to opposition from allies of the UPA Government. Even the US President Barrack Obama insisted on more liberalization of Indian economy.
What else can I help you with?
What is economic system of India?
water
What is India's economic system?
Traditional Economy.
What economic system is used in India?
market economy
Which policy of economic system has been adopted by India for its economic development?
mixed economy
How economic world history?
economic world today is just like a barter system.
What is current economic system of india?
India is currently a capitalist country with some limited governmental interference.
What were more accomplishments of India and its use today?
The current number system that we use is originally from India.
How is France's economic system today?
As of 2014, France's economic system is quite strong. They are one of the world's leading economic power. This is because they have agricultural, industrial and service sectors.
Who developed the number system we use today?
The number system that we use today is called the Hindu-Arabic system and it originated in India in the 6th or 7th century.
Why India adopt mixed ecomomy?
india has adopted mixed economy as its economic system to bring about a socialistic pattern of society
Where is the religion or belief system found today of Hinduism?
Mainly in India
What kind of economic system would the Minoans be working uder today be working under?
What kind of economic system the Minoans would be working under today is still probably trade. All they used to do was trade.
